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If you’re a small business owner, freelancer, or entrepreneur, there’s a good chance you’re paying more in taxes than you need to. Not because you’re careless. Not because you’re doing anything wrong. But because many of the most valuable deductions are the easiest to overlook. Most tax advice online focuses on the obvious. Home office. Mileage. Meals. Those matter, but they’re not where most business owners lose money. The real issue is this: deductions don’t get missed loud

If you’re a contractor, there’s a good chance you’re leaving money on the table every year — not because you’re careless, but because no one ever showed you what actually counts. Most contractors are great at their craft. They’re busy working, managing jobs, dealing with clients, and keeping cash flowing. Taxes usually get handled last. And that’s exactly where deductions get missed. This guide breaks down some of the most common (and expensive) tax deductions contractors ove

Why You Owed the IRS (and How to Change That Going Forward) If you’re self-employed and found yourself owing the IRS last year, you’re not alone — and you’re not irresponsible. In fact, this is one of the most common and misunderstood realities of running a business. Self-employment taxes work very differently from personal W-2 taxes. And for many entrepreneurs, the shock doesn’t come from making money — it comes from realizing how that money is taxed  far too late in the yea

What Changes When You Make Money Outside a W-2 If you made money outside of a traditional W-2 job this year — through a business, freelancing, consulting, side hustles, or contract work — your taxes are not the same . That doesn’t mean you did something wrong. It just means different rules apply. This guide is designed to walk you through the basics of business taxes in clear, practical language so you understand what’s required, what’s optional, and where most entrepreneurs

If you run a business from home, you could be leaving money on the table by not claiming the home office deduction.

Why Quarterly Taxes Matter As an entrepreneur or small business owner, staying on top of quarterly estimated tax payments  is critical....

Building strong business credit is one of the most powerful moves you can make as an entrepreneur.  A solid business credit profile...

Starting your own business is an exciting journey—until tax season rolls around and you realize that the IRS doesn’t play about their...

As a small business owner, you work too hard to let the IRS take more than they should . Tax season isn’t just about filing returns —...

As the clock resets to a new year, it's the perfect moment to take control of your financial health and ensure your business is ready for...

BUSINESS TAX, TAX UPDATES

INCOME TAX, BUSINESS TAX, TAX UPDATES

INCOME TAX, TAX DEBT RELIEF

INCOME TAX, BUSINESS TAX, TAX UPDATES

Last week, the National Taxpayer Advocate Erin M. Collins stated in her Annual Report that 2021 was "the most challenging year taxpayers...

There is nothing more dreaded in the tax community, among taxpayers and tax preparers alike, than an audit. While the IRS does randomly...