Accounting, Bookkeeping, & Tax Blog

Your small business resource for accounting, bookkeeping, and taxes from our experts.

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Can an LLC Write Off a Car Purchase? The 2025 Guide

TaxesAccountingSmall Business

Whether you’re considering a work truck, sedan, or leased vehicle, the right approach could unlock significant tax savings. This guide walks through the deduction methods, depreciation strategies, and…

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K-1 Income vs. Distributions: A Tax Guide for Small Businesses

TaxesSmall Business

Understanding the difference between K-1 income and distributions isn’t just an accounting technicality. It can impact your self-employment tax liability, capital gains exposure, and even how much cas…

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Guide to Filing 1099 Taxes as a Robinhood User

TaxesSmall Business

In this guide, we’ll explain which 1099s Robinhood issues, how to read them, how to report your gains or dividends, and what to do if something looks off. While this article provides general education…