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

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

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

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

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

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

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

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

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

Understanding partnership taxation concepts like basis, distributions, and pass-through treatment is key for properly reporting partnership

Running a small business comes with complex tax obligations, but there are many legal steps you can take to slash your tax bill by 50% or mo

Missing or underpaying estimated taxes will result in underpayment penalties when you file your return. But several strategies can help...

The primary advantage is bypassing self-employment tax on distributions, which represent your share of profits.

For partnerships and sole proprietorships, business losses flow through directly to owners' personal tax returns, while limitations apply...

If you're self-employed, freelance, or run your own small business, chances are you need to file a Schedule C with your annual tax return to

Guided by seasoned tax professionals, Ashley embarked on the journey of converting her LLC to an S-Corp, capitalizing on pass-through taxati

S-corp owners can claim ordinary and necessary business expenses as deductions, just like other business structures.

S corporations strike a harmonious balance between tax advantages and operational adaptability. Their hallmark, pass-through taxation, liber

Choosing the right business structure can significantly impact your tax liability. Different structures, like sole proprietorships, partners

In a unique twist, some entrepreneurs opt for a hybrid structure—an LLC that elects S-Corp taxation. This allows them to benefit from the ta