Inflation Reduction Act of 2022

Inflation Reduction Act of 2022

What is the Inflation Reduction Act of 2022 The goal of the Inflation Reduction Act (IRA) of 2022 is to “make a historic down payment on deficit reduction to fight inflation, invest in domestic energy production and manufacturing, and reduce carbon emissions by...
Cut Your Self Employment Tax With an S-Corporation

Cut Your Self Employment Tax With an S-Corporation

The Smart Way to Cut Self Employment Tax: S-Corporation Have you had enough of paying large amounts of self-employment tax?  For 2022, lawmakers levy the self-employment tax at the painfully high rate of 15.3 percent on the first $147,000 of net self-employment...
10 Proven Strategies to Lower Your Schedule C Taxes

10 Proven Strategies to Lower Your Schedule C Taxes

  Tax Strategies to Reduce Your Taxes as a Schedule C Taxpayer: Maximize Deductions and Save Big Tax strategies to lower your schedule c taxes – As a small business owner, you know that tax season can be stressful. But with some planning, you can reduce...
2022 vs 2021 Tax Brackets

2022 vs 2021 Tax Brackets

Don’t Miss the New Tax Deadline: Key Updates for This Year It’s never too early to start thinking about your next tax return. Unless you requested an extension to file your 2021 return, the next return that most people will have to file is their federal tax...