Home Office Deduction for S Corp Owners: How It Works
S corp owners can’t take the home office deduction on a personal return. Learn how an accountable plan reimburses the same costs, tax-free, step by step.
S corp owners can’t take the home office deduction on a personal return. Learn how an accountable plan reimburses the same costs, tax-free, step by step.
Use tax is what you owe when a seller doesn’t charge sales tax. Learn when it applies, how it’s figured, how to report it, and what records to keep.
Backup withholding rules explained: the 24% rate, what triggers it, how Form W-9 prevents it, what to do with a CP2100 notice, and how to deposit and report it.
The de minimis safe harbor lets small businesses deduct items up to $2,500 per invoice ($5,000 with an AFS). See the rules, exclusions and how to elect.
How contractors should set up bookkeeping: job costing, progress billing, retainage, 1099 records and cash flow, with a practical monthly routine you can follow.
What a CPA costs a small business in 2026: hourly rates, flat fees, monthly retainers, what drives the price, and when hiring one pays for itself.
How accounts receivable collections work, how to record a payment, a follow-up schedule that gets invoices paid, and how to lower your days sales outstanding.
Sole proprietorship or LLC? Compare liability, federal taxes, paperwork and cost, and learn when to switch, from a CPA firm that works with small businesses.
Learn how to run a budget vs. actual analysis: the variance formula, which gaps deserve a closer look, and how to turn findings into forecast and tax decisions.
Startup bookkeeping explained: the accounts, tools, routines and accounting method to set up in your first 90 days, and when to bring in a CPA.