Accounting, Bookkeeping, & Tax Blog

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

All topicsAccountingBookkeepingNewsPayrollSmall BusinessStarting a BusinessSuccess StoriesTaxesUncategorized
Blog Hero_Are Bank Fees Tax Deductible for a Business_.webp

Single-Member LLC Taxed as S Corp: Pros, Cons & How To

TaxesAccountingSmall Business

Electing S corporation tax status can unlock meaningful savings and signal a new stage of professionalism in your business. It also introduces stricter compliance requirements, payroll responsibilitie…

Blog Hero_Corporate Income Tax Rates for 2026 (by State).webp

Owner Distribution: A Guide to Paying Yourself

Small BusinessAccounting

Owner distributions are more than a simple transfer of cash from business to owner; they are a strategic lever that, when pulled correctly, rewards your hard work while safeguarding long‑term growth. …

Blog Hero_How to Prepare Your Small Business for a Tax Audit.webp

FICA Tax Rates and How It Works in 2026

TaxesSmall Business

With the Social Security wage base increasing in 2026, many high earners and self-employed individuals will see changes in what they owe. This guide breaks down what is staying the same, what is chang…