Your Questions About the 20% Pass-Through Deduction Answered
If you’re a business owner, you’ve probably heard the buzz about the 20% pass-through deduction, also known as the qualified business income (QBI) deduction. Everyone discussing this deduction has proclaimed
The Basics of Taxes for Online Sellers
The internet is thriving now more than ever, which is good news for online sellers. If you're a seller on eBay, Amazon or another online retail platform, you're reaping the
Importance of Paying Payroll Taxes
You're only one person and, as such, you can only do so much for your business. Once your business hits a certain point in its growth, you'll have to add
The Dangers of Mixing Business and Personal Expenses
Mixing business and personal sounds like fun, but it can be pretty messy. When you're mixing business and personal expenses, you're putting yourself at major risk for an IRS audit,
Beware the Self-Employment Tax Trap
Self-employment seems like the perfect set-up. What could be better than reaching your dreams your way? However, there is one downfall. Wage earners who work for employers have their taxes
Dealing with Payroll Tax Debt
All businesses are required to deduct payroll taxes from their employees’ paycheck and deposit them to the IRS. Mistakes made with tax duties can lead to an audit, tax debt,
How Pass-through Businesses Win at Taxes
Across the country, CPAs are crunching (and crunching, and crunching) numbers to assess how their clients can benefit from the new tax reform law. And for business owners, owning pass-through
