If you operate your business as a C corporation or an S corporation, it’s essential to understand how travel and other business-related expenses should be handled. Unlike a sole proprietorship, where business and personal finances are often intertwined, a...
If you own a C or S corporation and are the only employee, setting up a retirement plan is one of the smartest tax-saving moves you can make. Not only does it help you build long-term wealth, but it also allows your corporation to deduct contributions, reducing...
If you’re running your business as a sole proprietorship or a single-member LLC (taxed as a sole proprietorship), the IRS considers you self-employed. That means you have access to several powerful retirement plans that can help you save for the future while...
