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Thinking About Hiring Help This Summer? Consider Putting Your Child on the Payroll
Hiring your child to work in your small business can offer valuable tax benefits while teaching them responsibility and providing income. Learn how.
May 13
What Small Business Owners Need to Know About Business Loss Deductions
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.
May 8
How to Maximize Tax Savings with Heavy Vehicles and a Home Office in 2025
Small business owners: Cut your 2025 tax bill with deductions for heavy vehicles and home offices. Learn how to qualify and maximize your savings.
May 6
Managing the Business Interest Expense Deduction Limit
TCJA limits business interest deductions to 30% of ATI. Manage the deduction limit with 3 options. Read more.
Mar 12
How Self-Employment Tax Works: A Refresher Guide
Self-employment tax is 15.3%, paid quarterly. Learn what to expect & consult a VAAS Tax Professional to manage taxes.
Jan 9
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