Protect Your Home-Office Deduction (Part 2)
In Part 1, we discussed how a home office can qualify even when you have only a few square feet...
The Home-Office Deduction for 3 Square Feet (Part 1)
Many business owners assume they cannot claim a home-office deduction because their home is too small. In fact, the tax...
Deducting the Loss on Your First Flip
If your first house-flipping project ended in a loss, don’t assume you’re limited to deducting only $3,000 per year. Depending...
Make Church and Charity Gifts into a Tax-Smart Business Deduction
Many business owners are passionate about supporting their churches, local charities, and community organizations. Giving back feels good, strengthens community...
The Biggest Mistakes Small Businesses Make When Hiring Summer Interns
This time of year, we get questions about summer interns. Sometimes a college student reaches out offering to "work for...
HSA Beneficiaries: What Small Business Owners Need to Know
Health Savings Accounts (HSAs) remain one of the most powerful tools available for tax-advantaged savings. For small business owners and...
Don’t Lose Your Goodwill Donation Deductions: Why Proper Documentation Matters
Donating clothing and household goods to charity is a meaningful way to give back—and it can also provide valuable tax...
Health Insurance Stipend vs. Group Health Insurance: Which Is Right for Your Business?
Are you paying your employees extra cash to cover their own health insurance instead of offering a group plan? Are...
3 Reasons to Create a Separate Legal Entity for Your Employees – and How It Protects Your Business
As your business grows, protecting your assets and minimizing risk becomes just as important as increasing revenue. Many business owners...
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