Unlock the secrets of Modified Adjusted Gross Income (MAGI)! Learn how this crucial tax term impacts small business owners’ eligibility for tax credits, deductions, and retirement contributions. Discover MAGI calculation methods and strategies to reduce your MAGI for maximum tax savings.
Learn the top 20 tax terms every small business owner should know—from deductions and credits to S-Corps and Schedule C. Written by a CPA for creative entrepreneurs, this guide simplifies key tax concepts to help you run a financially confident business.
Learn how to save money on education with tax credits and deductions for small business owners. Explore AOTC, LLC, and business expense write-offs to reduce your tax bill.
Confused about business expenses vs. tax deductions? Learn the key differences, what you can “write off,” and common non-deductible expenses to maximize your small business tax savings.
Can I claim my child as a tax dependent if they have a job? Get clear answers on IRS rules for dependents, qualifying child criteria, filing taxes, and what happens with divorced parents. Learn about tax credits and requirements to ensure you avoid errors.
Discover the latest clean energy tax credits for homeowners, EV drivers, and small businesses. Learn how to save on solar, energy-efficient upgrades, electric vehicles, and more.
Learn why every small business needs a partnership agreement, what key elements to include, and get a free downloadable template. Protect your business and plan for success today.
Learn how LLCs, S-Corps, and other business structures protect your personal assets—and when they don’t. Discover key liability risks and how to safeguard your finances as a small business owner.
Wondering how marriage affects your taxes? Discover the tax benefits and drawbacks of tying the knot, including filing statuses, deductions, and the marriage penalty.
Wondering if you can claim your boyfriend, girlfriend, or domestic partner as a dependent on your taxes? Learn the IRS rules, eligibility tests, and potential tax benefits of claiming a significant other. Get expert tax insights and maximize your deductions!
