Small Business Taxes
LLC Taxes: How Are LLCs Taxed?
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2021/12/Understanding_LLC_Taxation_Basics.mp4"][/video] Are you considering going the LLC route? Whether it’s because of your business growing in complexity, or you just want to…
Should I Hire a CPA? What You Should Know
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Hiring_a_CPA_Key_Considerations.mp4"][/video] CPA’s can definitely help you file your taxes, but that’s really not taking full advantage of what they can offer; hiring…
1099 Deductions: The Ultimate Guide for Independent Contractors and Freelancers
What Are 1099 Deductions? Being your own boss comes with many perks, sure, but it can also make you feel like a lone ship adrift…
What Taxes Are Progressive? A Guide on the Progressive Tax System
What taxes are progressive? Well, all of them! At least at the federal level for income tax. The US federal government utilizes a progressive tax…
How to Know If You Owe Taxes: The Complete Guide
How will you know if you owe taxes? Well, the IRS makes it no secret, truth be told. In fact, they’re supposed to inform you…
Understanding Estimated Taxes
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Essential_Guide_to_Estimated_Taxes.mp4"][/video] It’s safe to say that tax season is unnecessarily stressful, but at least it only comes around once a year,…
Background on The Employee Retention Credit
The Cares Act was developed to stimulate the economy, partly by injecting capital into small businesses so that they would continue to grow and more…
Income Tax Impact of ERTC
If you requested and received the Employee Retention Tax Credit, there are income tax consequences for your business and/or individual return. The credit is a…
