If family-friendly benefits matter to you, it may be worth considering whether a small business is actually the best place ...

Small business owners should always work with an accountant at tax season to ensure everything is properly filed. Thankfully ...

Receiving a bonus can be a delightful surprise, but the joy might be short-lived once you realize the tax implications. Learn how bonuses are taxed and what you can do to minimize the impact.

Your take-home pay may have gotten a bump now that the Internal Revenue Service updated the income tax brackets and standard deduction for 2025. Depending on your income level, that means your ...

The home office deduction could provide a tax break on your 2024 return. Here's who qualifies and how to claim it.

In 2025, the SECURE 2.0 Act allows a new "super catch-up provision" for individuals who turn ages 60 to 63 before the end of ...

The IRS restarted processing ERC claims following a one-year pause, but it’s been slow to reduce its backlog. At one point, ...

Running your own business is exciting, isn’t it? You get to call the shots, set your own schedule, and, most importantly, decide how much to pay yourself. But wait… how do you actually pay yourself?

Your taxable income is your income after various deductions, credits, and exemptions have been applied. There are also various tax credits, deductions and benefits available to you to reduce your ...

There's no sure way to predict an IRS audit, but if you're self-employed, these ten "red flags" could increase your chances ...