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Tax

Tax strategies, planning, and compliance for individuals and businesses

713 postsView all tags
Guaranteed Payments in LLCs: A Complete Guide for Business Owners
·mike

Guaranteed Payments in LLCs: A Complete Guide for Business Owners

Learn how guaranteed payments in LLCs can provide stable income for business owners while avoiding costly tax mistakes. Understand the differences between guaranteed payments, distributions, and salaries to ensure proper structuring from the start.

llc
financial-management
entrepreneurship
Cryptocurrency Taxes: The Complete 2025-2026 Guide for Investors and Business Owners
·mike

Cryptocurrency Taxes: The Complete 2025-2026 Guide for Investors and Business Owners

Gain clarity on cryptocurrency taxes with this comprehensive guide tailored for investors and business owners. Understand IRS classifications, tax obligations, and strategies for compliance in the evolving landscape of digital assets.

finance
cryptocurrency
tax
How to Pay Yourself From an S Corp: A Complete Guide to Owner Compensation
·mike

How to Pay Yourself From an S Corp: A Complete Guide to Owner Compensation

Learn how to effectively pay yourself from an S Corp while maximizing tax advantages and avoiding IRS penalties. This comprehensive guide covers everything from setting the right salary to understanding distributions.

s-corp
financial-management
tax
The Complete Guide to Mileage Tracking Apps for Small Business Owners
·mike

The Complete Guide to Mileage Tracking Apps for Small Business Owners

Maximize your tax savings with effective mileage tracking. Learn how mileage tracker apps can help small business owners accurately log their business miles and comply with IRS requirements.

small-business
financial-management
tax
Cryptocurrency Tax Guide: What Every Investor Needs to Know
·mike

Cryptocurrency Tax Guide: What Every Investor Needs to Know

Learn how to navigate the complexities of cryptocurrency taxes and ensure compliance with IRS regulations. This guide provides essential insights for investors on reporting crypto transactions accurately and avoiding penalties.

crypto-tax-compliance
cryptocurrency
financial-planning
S Corporation: A Complete Guide for Small Business Owners
·mike

S Corporation: A Complete Guide for Small Business Owners

Understanding S corporations can lead to significant tax savings for small business owners. This guide explains the benefits, requirements, and potential pitfalls of electing S corporation status.

s-corp
small-business
tax
How Small Business Owners Can Slash Their Tax Bill by $20,000+ With a 401(k)
·mike

How Small Business Owners Can Slash Their Tax Bill by $20,000+ With a 401(k)

Small business owners can significantly reduce their tax bills by utilizing a well-structured 401(k) plan, allowing them to redirect thousands into their retirement accounts while lowering taxable income.

tax
small-business
financial-planning
Understanding Limited Liability Companies: A Complete Guide for Business Owners
·mike

Understanding Limited Liability Companies: A Complete Guide for Business Owners

Learn how a Limited Liability Company (LLC) can provide the legal protection of a corporation while offering the tax simplicity of a partnership, helping business owners make informed decisions.

business
llc
entrepreneurship
Financial Guide for Uber Drivers: Maximizing Earnings and Minimizing Tax Headaches
·mike

Financial Guide for Uber Drivers: Maximizing Earnings and Minimizing Tax Headaches

Learn how to effectively manage your finances as an Uber driver, from understanding your tax status to maximizing your earnings and minimizing tax headaches.

rideshare
financial-management
tax
Finding the Right Business Structure for Your Company
·mike

Finding the Right Business Structure for Your Company

Choosing the right business structure is crucial for your company's success, impacting taxes, liability, and funding opportunities. Learn how to make an informed decision that aligns with your business goals.

business-structure
entrepreneurship
tax
Choosing the Right Business Entity Type: A Complete Guide for Entrepreneurs
·mike

Choosing the Right Business Entity Type: A Complete Guide for Entrepreneurs

Understanding the right business entity type is crucial for entrepreneurs. This guide outlines the implications of different structures on taxes, personal liability, compliance, fundraising, ownership flexibility, and business credibility.

business
entrepreneurship
business-structure
Recording Taxes in Beancount (The Pragmatic Way)
·mike

Recording Taxes in Beancount (The Pragmatic Way)

Learn how to simplify tax recording in Beancount by treating taxes as straightforward transactions. This guide provides practical patterns for managing paychecks, tax payments, and refunds, ensuring your ledger remains clear and easy to navigate.

tax
accounting
beancount
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