
When is Mileage a Tax Deduction
When is Mileage a Tax Deduction? There are only three times when mileage qualifies you for a tax deduction. Medical Mileage: 20 cents per mile
When is Mileage a Tax Deduction? There are only three times when mileage qualifies you for a tax deduction. Medical Mileage: 20 cents per mile
What the Heck Do I Do About Estimated Taxes? Quarterly taxes, business taxes, estimated tax payments — are these all the same thing? Federal estimated
What happens if you owe taxes and can’t afford to pay them all at once? First, don’t panic and don’t ignore your taxes. The IRS
As a small business owner, should you be keeping records or copies of: Receipts? Bank statements? Everything? Nothing? The answer is: all of the above.
Do I Need to Issue 1099s to People? Have you paid anyone over $600 for a service? Then you probably need to issue them a
How Does An S-Corporation Save Money? If you have read our post about S-Corporations and determining a reasonable salary, you’re probably wondering how S-Corps help
What is a Reasonable Salary? If you have been following our series of posts about S-Corps, then you may be familiar with the phrase “reasonable
What Retirement Accounts are Available for Small Business Owners? Well…it depends (you knew that was coming right?). Before giving an answer, I always ask: How
Starting off such a comparison is like comparing apples to oranges. A PLLC, or an LLC, is how your business is formed with the state.
What’s the difference between a PLLC and an LLC? An LLC is a Limited Liability Company. If set up properly, an LLC will protect your