Blog

LLC or S Corp for Rental Property: Everything to Know

LLC or S Corp for Rental Property: Everything to Know

As a rental property owner, choosing the right legal structure for your business is crucial for tax purposes and liability protection. Two popular options are Limited Liability Companies (LLCs) and S Corporations (S Corps). In this post, we'll explore the pros and...

read more
Why Google Searches And Youtube Videos Aren’t Enough

Why Google Searches And Youtube Videos Aren’t Enough

There’s no denying that we live in the technology age. Everything at our fingertips with a swipe of an app.    Need a quick answer? Plug it in to Google. Want to learn how to build or fix something, Youtube here you come.    While it can be tempting to scour...

read more
IRS Announces Tax Inflation Adjustments for 2022

IRS Announces Tax Inflation Adjustments for 2022

Taxes, taxes, taxes….everyday you hear, everything is going up because of inflation and that includes taxes.   The good news: the Internal Revenue Service (IRS) recently announced that it will be making tax inflation adjustments for the 2022 tax year.   ...

read more
Cryptocurrency And Its Effect On Your Taxes

Cryptocurrency And Its Effect On Your Taxes

Cryptocurrency has been in the news a lot lately, and for good reason.    This new type of currency has the potential to revolutionize the way we conduct transactions and do business.    But what exactly is cryptocurrency, and how might it affect your...

read more
What Is Bonus Depreciation And How Does It Work?

What Is Bonus Depreciation And How Does It Work?

As a small business owner, you're always looking for ways to save money and improve your financial stability, especially with the rise of inflation.   But with the tax laws constantly changing lately, it can be hard to keep up.    What can you do?   You...

read more
You Want To Deduct What On Your Business Taxes?!?!?

You Want To Deduct What On Your Business Taxes?!?!?

  You've just wrapped up another successful year in business, and it's time to file your taxes.    As you start sorting through your expenses, you suddenly realize that some of them seem a bit...unusual.   Can you really deduct that foam finger from the...

read more