Category: Business

LLC vs. S Corp: Which Is Best for Freelancers? (The Definitive Guide)

If you’ve recently transitioned from a “side hustle” to a full-time freelance career, you’ve likely…
Read More

Master the S Corp Reasonable Salary: Your Essential Tax Guide

Switching your business to an S Corporation (S Corp) can be a powerful strategy for…
Read More

Commingling Funds in Your LLC, S Corp, or C Corp? Stop Now or Risk Piercing the Corporate Veil

When you start a formal business—be it an LLC, S Corp, or C Corp—you create…
Read More

Tax-Smart Healthcare: The Single-Shareholder S Corp and HSA Contributions

Tax-Smart Healthcare: The Single-Shareholder S Corp and HSA Contributions
Read More

Unlock Hidden Wealth: The Power of a Cost Segregation Study for Your Schedule E Real Estate

Are you a real estate investor reporting income and expenses on IRS Schedule E? If…
Read More

Trader Tax Status (TTS): Your Comprehensive Guide to Unlocking Tax Benefits

SEO What is trader tax status?How to qualify for trader tax status?, Trader tax status…
Read More

Roth 403(b) vs Traditional 403(b): Which Retirement Plan Is Right for You

When planning for retirement, choosing the right investment vehicle can make a significant difference in…
Read More

Driving for Dollars: Unlocking Your Auto Expense Tax Deductions

As a self-employed individual or small business owner, every dollar counts, especially when it comes…
Read More

Records to Keep for Tax Purposes

When reporting items on your tax return, you must maintain adequate records to verify them.…
Read More

Single-Member vs. Multi-Member LLC: Choosing the Right Structure for Your Business

A Single-Member LLC (SMLLC) and a Multi-Member LLC (MMLLC) are both types of Limited Liability…
Read More