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Expense Allocation Made Easy: Avoiding Tax Filing Pitfalls

Published on August 26, 2025

Accurately allocating expenses is one of the most critical aspects of tax planning for S…

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The Importance of Loan Documentation Between S Corporations and Shareholders

Published on August 19, 2025

For S Corporations, managing finances efficiently is essential, particularly under evolving tax laws like the…

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Mastering Shareholder Salaries and Distributions for Tax Compliance

Published on August 12, 2025

For S Corporations navigating the Big Beautiful Tax Bill (BBTB), understanding the intricacies of shareholder…

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Navigating the Big Beautiful Tax Bill: A 6-Part Guide to Year-End Tax Planning for S Corporations

Published on August 5, 2025

The Big Beautiful Tax Bill (BBTB) has brought significant changes that small business owners—particularly those…

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How IRS Workforce Cuts Will Impact Small to Medium-Sized Businesses

Published on July 29, 2025

The IRS has announced a drastic 25% reduction in its workforce, slashing the number of…

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How the IRS Refinements to the Pre-Filing Agreement Program Could Benefit Both Large and Small Businesses

Published on July 22, 2025

The Internal Revenue Service (IRS) recently announced refinements to its Pre-Filing Agreement (PFA) program, a…

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H.R. 703 and the 199A Deduction: A Game-Changer for Small Businesses?

Published on July 15, 2025

Running a business is no small feat, especially for those generating between $1 million and…

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Why Understanding Your State’s Corporate Tax Rate Matters for Your Business

Published on July 8, 2025

When running a small business, profitability and financial strategy go hand-in-hand. While many business owners…

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Avoid Penalties—File Form 720 by July 31!

Published on July 1, 2025

If you’re a small business owner or someone juggling multiple financial responsibilities, the last thing…

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Can You Deduct a Scam Loss? The IRS Offers Small Business Owners Relief

Published on June 24, 2025

For small business owners, nearly every dollar counts. Falling victim to a scam can feel…

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