Tax Info & Blog | United Tax

Understanding Self Employment Tax (With 2024 Calculator)

John Summers

Feb 194 min read

Understanding Self Employment Tax (With 2024 Calculator)

if you made $400 or more in self-employment net income, you must pay the self-employment tax

337 views

Real Estate Agent Tax Deductions - Essential Knowledge for Every Realtor

Caleb Thornton

Feb 56 min read

Real Estate Agent Tax Deductions - Essential Knowledge for Every Realtor

tax strategies and deductions tailored for real estate agents and self-employed individuals.

303 views

Emily Williams

Jan 37 min read

Tips to Prep for the 2024 Tax Season

Get every deduction you deserve and maximize your tax refund by prepping now with our essential 2024 tax filing tips.

406 views

Reducing Your Tax Burden: Smart Strategies for High Income Earners

Emily Williams

Dec 18, 20237 min read

Reducing Your Tax Burden: Smart Strategies for High Income Earners

If you earn a high income, smart tax planning strategies like maximizing retirement contributions, investing in real estate, and tax loss ha

93 views

Navigating Estimated Taxes: Everything You Need to Know

John Summers

Nov 21, 20235 min read

Navigating Estimated Taxes: Everything You Need to Know

Estimated taxes are a necessity for over 12 million filers - do you need to pay them?

2,732 views

The Ultimate Guide to Year-End Tax Planning for Small Business Owners

John Summers

Oct 10, 202310 min read

The Ultimate Guide to Year-End Tax Planning for Small Business Owners

Proper tax planning and preparation before year-end can lead to substantial benefits for business owners, especially with proposed tax law c

921 views

How to Minimize Capital Gains Tax on the Sale of a Investment Property

Caleb Thornton

Oct 6, 20237 min read

How to Minimize Capital Gains Tax on the Sale of a Investment Property

Selling investment property can trigger massive capital gains taxes - but you can legally minimize the tax bite using these proven strategie

67 views

LLC vs S-Corp for rental properties? Why an LLC Often Makes More Sense

Caleb Thornton

Oct 4, 20238 min read

LLC vs S-Corp for rental properties? Why an LLC Often Makes More Sense

While S-corporations do offer some benefits for high-income situations, LLCs provide more flexibility, simplicity, and protection that most

74 views

The Complete Guide to Independent Contractor Taxes

John Summers

Oct 2, 20235 min read

The Complete Guide to Independent Contractor Taxes

Filing taxes can be confusing for independent contractors who don't have an employer to withhold taxes, so this complete guide covers self-e

39 views

Caleb Thornton

Oct 1, 20236 min read

When Is Mortgage Interest Deductible?

This popular tax break allows you to reduce your taxable income by deducting the interest paid on a mortgage loan.

46 views

Explaining Estimated Tax Payments: A Guide for Small Business Proprietors

John Summers

Sep 28, 20235 min read

Explaining Estimated Tax Payments: A Guide for Small Business Proprietors

If you run a business or earn income outside of traditional W-2 employment, chances are you need to pay estimated taxes.

33 views

Leveraging Short-Term Rentals Tax Benefits to Slash Your Tax Bill

Caleb Thornton

Sep 27, 20235 min read

Leveraging Short-Term Rentals Tax Benefits to Slash Your Tax Bill

Bonus depreciation enables immediate deduction of the full purchase price in the year the property is placed in service, generating massive

39 views

Everything You Need To Know About Claiming Section 179 Tax Deductions for Your Business

John Summers

Sep 25, 20235 min read

Everything You Need To Know About Claiming Section 179 Tax Deductions for Your Business

Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and software...

19 views

S Corp vs C Corp: Which is Right for Your Small Business?

John Summers

Sep 21, 20238 min read

S Corp vs C Corp: Which is Right for Your Small Business?

Choosing between an S corp vs C corp structure has major implications for taxation, liability protection, ownership flexibility, and costs w

7 views

Small Business Taxes: Understanding Your Tax Obligations and Maximizing Deductions

John Summers

Sep 21, 20236 min read

Small Business Taxes: Understanding Your Tax Obligations and Maximizing Deductions

As a small business owner, getting a handle on your diverse tax obligations, from income and payroll taxes to sales taxes and employment tax

56 views

The Ins and Outs of Schedule E Tax Deductions for Real Estate Investors

Caleb Thornton

Sep 19, 20234 min read

The Ins and Outs of Schedule E Tax Deductions for Real Estate Investors

Understanding Schedule E tax deductions allows real estate investors to maximize write-offs and minimize taxable rental income.

46 views

The Savvy Investor's Guide to Maximizing Rental Property Tax Deductions

Caleb Thornton

Sep 14, 20234 min read

The Savvy Investor's Guide to Maximizing Rental Property Tax Deductions

Utilizing all allowable deductions for your rental real estate is crucial for two main reasons - it lowers your taxable income and can offse

26 views

The Complete Guide to Short Term Rental Taxes

Caleb Thornton

Sep 11, 20234 min read

The Complete Guide to Short Term Rental Taxes

One strategy to maximize tax benefits for short term rentals is to qualify the income as active rather than passive. Here's how:

5 views

Real Estate Professional - Qualifications and Tax Benefits

Caleb Thornton

Sep 6, 20237 min read

Real Estate Professional - Qualifications and Tax Benefits

As a real estate professional, you qualify for valuable tax deductions and write-offs that non-professionals don't get.

196 views

Paying Yourself a Reasonable Salary as an S-Corp Owner - With Tax Savings Calculator

John Summers

Sep 5, 20237 min read

Paying Yourself a Reasonable Salary as an S-Corp Owner - With Tax Savings Calculator

With an S-corporation, only wages paid to shareholder-employees are subject to FICA taxes - earnings distributed as dividends bypass payroll

67 views