IRS Audit
Facing an IRS audit can be intimidating for any business owner, but understanding the process and preparing adequately can help alleviate some of the stress.
August 28, 2024
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Blog
Category: Small Business Tax Help
Business Tax Benefits
As a busy entrepreneur, finding ways to optimize your tax savings can significantly impact your bottom line. One such strategy involves combining business travel with
August 28, 2024
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IRS Audit
Schedule C filers, the backbone of many small businesses and sole proprietors, face a daunting reality: they are statistically 3-10 times more likely to be
August 27, 2024
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Tax Saving Tips
For business owners seeking to optimize their tax situation, understanding the nuances of tax strategies can lead to significant savings. Here’s an in-depth look at
August 27, 2024
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Tax Resolution
Receiving a tax bill from the IRS can be a daunting experience, especially for business owners already juggling multiple responsibilities. However, understanding the steps to
August 26, 2024
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Tax Evasion
The recent case of Daniel Alan Ryan, a Missouri business owner, underscores the severe consequences of failing to meet tax obligations. Ryan, the owner of
August 26, 2024
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Tax deductions
If you own a timeshare, understanding how to maximize tax deductions can be challenging, especially when you rent it out. The tax implications of owning
August 23, 2024
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Small Business Tax Help
Running a business in the hospitality industry, such as a restaurant or bar, often means dealing with employees who receive tips. As a business owner,
August 21, 2024
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Business
Combining business travel with personal leisure can be a smart way to take a break while also saving on taxes. By ensuring that the primary purpose of your trip is business-related and keeping thorough records, you can maximize your deductions and enjoy some well-deserved downtime.
July 2, 2024
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Business
This blog post explains why S corporation owners shouldn’t rent their home office to their business and instead opt for employee reimbursement. It outlines the tax-efficient strategy of having the S corporation reimburse the owner for home office expenses, detailing the process and benefits of this approach for maximizing tax savings.
June 28, 2024
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