Accounting, Bookkeeping, & Tax Blog

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

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Federal Excise Tax on Trucks: What Truckers Need to Know in 2026

TaxesSmall Business

If you drive, sell, or manage trucks for a living, it’s important to understand the impact of the federal excise tax (FET). This tax applies to certain truck and tractor sales and can significantly af…

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Free Mileage Log Template for Small Businesses

BookkeepingSmall Business

This guide explains why mileage tracking matters, what the IRS expects, and how to use a free mileage log template designed for small businesses, courtesy of 1-800Accountant, America's leading virtual…

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Adding a Member to an LLC: Key Tax Consequences

TaxesSmall Business

Whether you're kicking off the evaluation process or are in advanced negotiations to bring a new member aboard, it's essential to understand the key tax consequences that you'll face. We’ll walk you t…