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Tax Insights

Explore expert blogs, guides, and advice tailored for small business owners and individuals.

Navigating the New 1099 NEC Audit Landscape for Gig Workers

Navigating the New 1099 NEC Audit Landscape for Gig Workers

Navigating tax season can be tricky for gig workers, especially with the 1099 NEC forms now under greater IRS scrutiny. Discover common audit triggers, expert tips for record-keeping, and practical steps to correct errors. Minimize your audit risk and take control of your taxes with this essential guide! Read more to stay informed.

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What You Need to Know About the New SALT Deduction Changes

What You Need to Know About the New SALT Deduction Changes

Discover how the One Big Beautiful Bill Act reshapes the SALT deduction. Learn about the higher cap, income-based phase-outs, and how to optimize your tax strategy. This guide breaks down key changes and offers actionable advice to ensure you're maximizing savings. Don’t miss out on important tax updates—read the full article now!

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Retirement for Small Biz Owners: SEP IRA, Solo 401(k), SIMPLE IRA Comparisons—Who Qualifies and When to Use Each

Retirement for Small Biz Owners: SEP IRA, Solo 401(k), SIMPLE IRA Comparisons—Who Qualifies and When to Use Each

Explore SEP IRAs, Solo 401(k)s, and SIMPLE IRAs in our comprehensive guide for small business owners. Learn who qualifies, the benefits of each plan, and when to use them to save for retirement while maximizing tax advantages. Take the guesswork out of retirement planning for your business—discover the right option for you!

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Taxpayer Bill of Rights: What Every Taxpayer Should Know
How Outsourcing Payroll Can Save You Time and Money

How Outsourcing Payroll Can Save You Time and Money

Outsourcing payroll can save your business time, reduce costs, and eliminate compliance headaches. By delegating complex calculations and staying updated on tax laws, you can focus on growing your business while professionals handle the details. Find out how outsourcing can make payroll stress-free and efficient for your small business.

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Your Wages, Your State: Tax Rules for Remote Workers

Your Wages, Your State: Tax Rules for Remote Workers

Remote work can add unforeseen tax complexities, especially when employer payroll departments make errors. Learn how state wage-sourcing rules work, how incorrect withholdings happen, and what steps employees can take to correct such mistakes. Don’t risk overpaying or double taxation—discover actionable solutions to protect your earnings today.

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Should Your Small Business Elect S Corporation Taxation?

Should Your Small Business Elect S Corporation Taxation?

Struggling with tax complexities as a small business owner? Discover the pros and cons of electing S corporation taxation, including potential tax savings and key insights for businesses with real estate holdings. Learn when an S election makes sense and how it could benefit your bottom line. Read more to make informed decisions today!

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Tax Planning Tips for New Business Owners

Tax Planning Tips for New Business Owners

Struggling with tax planning as a new business owner? This guide breaks down essential tips to help you stay compliant, maximize tax savings, and avoid costly errors. Whether it's understanding deductions or keeping accurate records, we’ve got you covered. Read on to take control of your taxes with confidence!

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Year-Round Tax Planning Strategies to Save You Money

Year-Round Tax Planning Strategies to Save You Money

Tax season doesn’t have to be stressful. Discover practical, year-round strategies to lower your tax liability, stay IRS-compliant, and save money—whether you're a small business owner, freelancer, or individual.

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Does My Business Need Bookkeeping?
Paul Armstrong Paul Armstrong

Does My Business Need Bookkeeping?

Manual bookkeeping works—until it doesn’t. Learn when to upgrade to QuickBooks and why working with a professional bookkeeper can improve your finances and decisions.

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Can I Deduct My Home Office? A Simple Guide
Paul Armstrong Paul Armstrong

Can I Deduct My Home Office? A Simple Guide

Thinking of deducting your home office? Be careful — the IRS has strict rules. The space must be used exclusively for business. Here’s a quick guide to help you stay on the right side of the tax code — and get the most out of your deduction.

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