Reduce your small business’s tax burden with these 11 effective strategies, explained by expert tax professionals.

Optimize your tax bill with these effective tax strategies for S corp owners, including tax deductions, tax credits, and accountable employee reimbursements.

Find out what happens if you get audited and don’t have receipts, and why it’s best to work through the IRS audit process with an Enrolled Agent.

Find out if you can write off business losses on your personal taxes, the limit on loss deductions, and how your business structure impacts eligibility.

Learn the tax advantages of leasing equipment vs buying it and the deductions tax professionals apply to leased or purchased property to optimize your tax bill.

Learn the tax consequences of selling a dental practice, including income and capital gains taxes, and how a tax professional can optimize your tax liability.

Explore some important tax changes for 2024 including the new federal income tax brackets and changes to tax credits and deductions.

Find out the implications of selling business property and read our tips on how to reduce your capital gains tax liability on the sale.

Check out the best ways to reduce taxable income, including retirement plans, changing your business structure, and taking the QBI deduction.

Tax benefits of an LLC and how this business entity helps avoid double taxation, reduces self-employment taxes, and gives access to deductions.

Six important small business tax tips this year to stay organized, maximize your tax deductions, and avoid IRS penalties.

Creating business expense categories for tax helps your business organize its records and ensure it benefits from all the available tax deductions.

Learn if Patreon income is taxable, which taxes content creators typically pay, which forms to file, and when to get professional tax help.

Learn how to file back taxes when you’ve missed one or more deadlines, the timescales involved, and the possible consequences of not paying back taxes.

Discover how much you should set aside for taxes as a 1099 contractor, which taxes you must pay, and how to calculate and file estimated quarterly taxes.

Learn what beneficial ownership reporting is, who is considered a beneficial owner, and how to prepare and lodge a BOI report if required.