Accounting, Bookkeeping, & Tax Blog

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

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Accountable Plan S Corp: A Guide to Tax-Free Money

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Running an S corporation offers clear tax advantages, but many owners miss out on significant savings by incorrectly reimbursing themselves for business expenses. Without a formal, accountable plan, r…

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Independent Contractor Taxes: How Much to Set Aside for 1099

Taxes

If you're wondering how much to set aside for your 1099 taxes, use this article to get the insights you need to estimate accurately. Freelancers, independent contractors, and other eligible taxpayers …

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How To Avoid Paying Capital Gains Tax on a Rental Property

Taxes

Rental real estate investing offers a convenient way for landlords and investors to increase their assets, with capital gains tax typically playing a significant role in these investments. The exact a…