The Ultimate Guide to Business Structures and Tax Savings Selecting the right business structure is one of the most critical decisions for any small business owner or self-employed professional. Your choice affects everything from day-to-day operations and tax...
The Right Way to Get Travel Reimbursements from Your C or S Corporation If you operate your business as a C corporation or an S corporation, handling travel and other out-of-pocket business expenses the right way isn’t just a good idea—it’s a must. One of the most...
Best Retirement Plans for Solo-Owned Corporations in 2025 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...
Step-by-Step Guide to Retirement Planning for Sole Proprietors 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...
Master Bank Statement Reconciliation in Simple Steps For small business owners and self-employed professionals, managing finances effectively is vital to ensuring smooth operations and long-term success. One of the most important yet often overlooked tasks is how to...
Essential Tips for Creating a Chart of Accounts Running a small business or working as a self-employed contractor comes with its fair share of responsibilities, and one of the most critical is managing your financial records. A well-organized bookkeeping system is the...
