Some businesses do everything right and are still audited, which underscores the importance of maintaining meticulous records throughout the year. Your rec [...]
Missing a deadline could lead to late filing penalties, lost S corp status, and unnecessary stress at tax time. To help you stay on track, we’ve outlined e [...]
Understanding how to file a W-2 and 1099 together is essential for staying compliant with IRS rules. Getting it wrong can trigger worker-classification iss [...]
If you’ve made money from stocks, real estate, or other investments, you might be wondering: Do you have to pay taxes on those profits? The answer depends [...]
With rising interest rates and tax law updates for 2026, it’s more important than ever for rental property owners to understand which deductions they're el [...]
Whether you sell casually or are an up-and-coming reseller, knowing what counts as taxable income, which forms to expect, and how to track your deductions [...]
Failing to meet your obligation of properly filing your 1099s could mean paying unnecessary taxes or triggering an IRS notice. We’ll explain which 1099s Ro [...]
Rental real estate investing offers a convenient way for landlords and investors to increase their assets, with capital gains tax typically playing a signi [...]
Vehicle tax deductions can be one of the most valuable (and most misunderstood) benefits of running an S corporation. By structuring ownership correctly, s [...]