Sole Proprietor, LLC, Partnership, or Corporation?
2023-01-01 13:36
Sole Proprietor, LLC, or Corporation?
When starting a business, you may be unsure about the best type of entity structure to use. There are four main options: sole proprietorship, limited liabilit...
10 Common Tax Mistakes to Avoid
2022-12-20 13:54
10 Common Tax Mistakes to Avoid
I have seen many clients make common tax mistakes that can have costly consequences. Here are 10 common tax mistakes to avoid:
1. Failing to file a tax return: ...
Do I need to keep all my receipts?
2022-12-18 12:29
According to the Internal Revenue Service (IRS), small business owners must keep receipts, records, and other documentation to support the income and expenses reported on their tax returns. This inclu...
I Just Received a 1099, Now What?
2022-12-16 13:41
If you are self-employed or own a small business, you may be familiar with Form 1099, which is a tax form used to report income other than salary or wages. You may receive a 1099 if you have received ...
