So you’re starting – or thinking about starting – a new business venture. Maybe you have an amazing business idea, but you’re not sure how to put it on paper. Here’s a quick look at a few of the most common business entity structures that small business owners select.

As you probably know, establishing a home office for a Schedule C or corporate business creates valuable tax deductions. But this deduction is not exclusive to sole-proprietorship, partnership, or corporate businesses. If you have rental properties, you can establish a home office to manage your rental properties and deduct the cost on your Schedule E.

As you read this, it’s likely that your lawmakers are working on the next Payroll Protection Program (PPP) package. And hopefully, in this next package, they will include a provision that allows you to deduct business expenses that you pay with your PPP money. Yes, you read that correctly…

The COVID-19 pandemic has upended all aspects of life around the world, including the world of business here in the U.S. If your business is struggling, you may be able to get some help from the federal Small Business Administration (SBA), which is authorized to provide loans to small businesses on an as-needed basis.

Bitcoin and other Cryptocurrencies are considered property in the eyes of the IRS. This means that anytime Cryptocurrency is sold or exchanged, the seller is going to have either a gain or a loss…

On Friday, December 22, 2017, President Donald Trump signed into law what is commonly referred to as the Tax Cuts and Jobs Act of 2017. This historic piece of legislation was the largest overhaul of the Internal Revenue Code since the Tax Reform Act of 1986 signed by then President Ronald Reagan.