Accounting, Bookkeeping, & Tax Blog

Most small businesses must calculate and file tax returns with the IRS multiple times per year. It’s a crucial aspect of operating a business that al [...]

The legal entity type you select will have significant tax implications for you and your small business. That’s why it’s so important to unders [...]

Taxes can be a headache, especially when you’re unsure of the technical rules.  Section 179 allows taxpayers to take an immediate tax deduction for pr [...]

Independent contractors, freelancers, sole proprietors, self-employed individuals, and gig workers. No matter what you call it, earning an income from some [...]

You’re finally ready to dive into your passion and create an organization for your cause.  Do you dream of supporting an underrepresented group, impro [...]

Owning and operating a small business can be a gratifying experience. You’re your own boss, and you call the shots! But you also take on numerous res [...]

Shifting your small business from its current legal entity to a multi-member limited liability company, commonly called an LLC, can be a transformative ste [...]

If you’re self-employed or own a small business, you already know getting paid isn’t as simple as collecting a bi-weekly paycheck.  Did you also know [...]

When it comes to business tax returns, it’s best to get it right the first time. But that’s not always possible, so the IRS allows you to updat [...]