ARTICLES

Looking for a tax-smart way to support your employees and even your own family members? Learn how a Section 127 plan can offer $5,250 in annual tax-free education benefits—see if your business qualifies.

Looking for a simple, tax-smart way to offer retirement benefits? Discover how SEP and SIMPLE plans can help your small business save big in 2025—without the paperwork hassle. Read more.

Explore how pairing a high-deductible health plan (HDHP) with Health Savings Accounts (HSAs) can help your business reduce costs, offer tax benefits, and enhance employee benefits.

Bookkeeping is essential for small business owners to maintain financial clarity, manage cash flow, and ensure tax compliance. It provides the foundation for informed decision-making, better business planning, and detecting financial discrepancies early. Learn more about how good bookkeeping practices can set your business up for long-term success.

Hiring your child to work in your small business can offer valuable tax benefits while teaching them responsibility and providing income. Learn how.

Payroll tax compliance is a critical responsibility for small businesses. Even minor errors can result in costly penalties, damage employee trust, and create legal issues. To help you avoid common pitfalls, here are six essential tips to keep your payroll on track.

Have you Experienced Rental Property Loss? As a rental property owner, there are several strategies and exceptions that can help you deduct losses from your tax returns. Learn how.

Large business or rental losses in 2025 may be limited by IRS rules, including the Excess Business Loss cap of $313,000 (or $626,000 for joint filers). Understanding these limits is key to effective tax planning.

Small business owners: Cut your 2025 tax bill with deductions for heavy vehicles and home offices. Learn how to qualify and maximize your savings.

Retirement brings freedom—and tax challenges. Smart planning helps you save more. Here are 4 key tax tips to prep for retirement.

Understanding your financials is key to success. Let us help you prepare or make sense of your statements. Read to learn more.

Succession planning is a smart way to protect your legacy and can be a deeply personal process. Review five common succession strategies and key tax considerations for each.

When figuring out how to structure your business, one option to consider is a C corporation. Let's break down its perks and drawbacks.

Are you starting a business with partners and deciding on the right entity? An S corporation might be the best choice for your new venture.

For 2025, several tax-related limits have increased. We’ve summarized the major changes that may affect you and your business.

TCJA limits business interest deductions to 30% of ATI. Manage the deduction limit with 3 options. Read more.

Maximize tax savings with home office deductions. We’ll help you claim them correctly, determine eligibility, and optimize your return.

Navigating the tax implications of selling business assets, particularly Section 1231 property, requires careful planning.

HSAs offer tax benefits but have rules. Thinking of offering them? Contact us! Note: Contribution limits and deductibles increased for 2025.

The 2025 IRS mileage rate is 70 cents per mile, up from 67 cents. Businesses can deduct actual costs or use this rate. Consult with us.