What to Know About Saving Money by Filing Taxes as an S Corp?
Is your small business projected to make close to 100K or more in net profit this year? If so, you should consider classifying your business as an S Corporation (or “S Corp”). This move could save you thousands on taxes....
READ THIS Before You Deduct Meal Expenses in 2023
Owning a business does come with some perks, especially during tax season. One of the best perks is writing off some of your business meals. Over the years the IRS has changed what can and cannot be deducted regarding business...
IRS Delays $600 Threshold for 1099-K Tax Form
Tax season can be difficult for small business owners and knowing what income you need to report and what paperwork you need to fill out is oftentimes overwhelming. One of the newest ‘tax’ forms that the IRS introduced in...
How To Move Your LLC To A New State
The stress and excitement of moving to a new state can be overwhelming… especially as a business owner. Not only do you have to think personally about where you are going to live and where is the closest grocery store...
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