Thinking about renting out a property? Learn how to maximize your tax deductions with the 199A deduction for rental property owners. This article explains what the 199A deduction is, how it works, and how you can qualify for it. Minimize your tax bill and keep more money in your pocket!
Small Business Tips
Learn how to leverage real estate loss deductions on your taxes with strategies for active participation, the Augusta Rule, and real estate professional status. Ensure you’re saving effectively.
Understand how to deduct business meals and entertainment expenses with our guide. Learn about the 50% and 100% deduction rules and how to qualify.
Learn about stock certificate requirements for S-Corporations, including electronic record-keeping practices and guidelines for maintaining IRS compliance.
Learn how to change your business’s accounting method using IRS Form 3115, covering accrual vs. cash basis, filing procedures, and IRS compliance tips.
Ensure your S-Corporation meets legal standards with our free bylaw and meeting minute templates. Learn about board and shareholder meeting requirements.
Unlock health insurance tax deductions and credits for entrepreneurs. Learn eligibility, benefits, and how to claim them for your business and family.
Prepare for the mandatory BOI reporting starting 2024, detailing ownership information for businesses. Learn who’s affected and how to comply with the new rules.
Understand the tax implications for giving and receiving gifts, including exclusions and reporting requirements, to navigate potential liabilities.
Maximize your tax savings with our Home Office Deduction Calculator, tailored for creative entrepreneurs working from home.