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Don’t Risk Six-Figure Penalties: What Every Business Should Know About Accepting Large Cash Payments and Form 8300
New to running a business and accepting cash payments? Learn the IRS rules for Form 8300 including when you’re required to report cash transactions over $10,000 and the penalties for not filing. Clear guidance can help new business owners stay compliant and avoid expensive mistakes.
Nov 18


Married and Running a Small Business Together? Here’s How to Cut Your Tax Bill
If you and your spouse jointly operate a small, unincorporated business, you may be paying more self-employment tax than necessary. Learn how spousal partnerships are treated for tax purposes and three effective strategies to help lower your tax burden.
Nov 6


Major Tax Relief for Businesses with Research & Experimental (R&E) Costs
A major tax win for innovators: the OBBBA restores immediate deductions for U.S.-based research and experimental (R&E) costs. Small businesses may even amend prior returns to claim refunds. Learn how to optimize these opportunities, accelerate deductions, and boost your tax savings strategy.
Nov 4


Understanding IRS Notices: What They Mean and How to Respond
Getting a letter from the IRS doesn’t have to be intimidating. This article explains the most common types of IRS notices, why they’re sent, and what steps you can take to respond effectively — often with simple solutions.
Oct 8


Understanding Start-Up Expenses and Tax Deductions
Starting a new business? Learn how start-up and organizational expenses are treated for tax purposes, what qualifies for deductions, and how proper planning can reduce your tax bill.
Aug 20
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