by Molen & Associates | Jun 28, 2026 | Small Business
If you own a business — especially an S-Corp — and you’re paying for business expenses out of pocket, you may be handling reimbursements in a way that costs you more than it should. An accountable plan is a simple IRS-approved structure that lets you reimburse...
by Molen & Associates | May 31, 2026 | Tax Planning
You have rental properties. They show losses on paper — depreciation, interest, maintenance. You assume those losses reduce your taxable income. Then your tax return comes back and the losses are nowhere to be found. Your CPA explains they’re...
by SEO | Apr 19, 2026 | Bookkeeping
Vehicle expenses are one of the most common deductions claimed by small business owners, and also one of the most frequently misunderstood. Choosing between the standard mileage method and the actual expense method is not just a math exercise. The decision affects...
by SEO | Apr 12, 2026 | Bookkeeping
The home office deduction is one of the most misunderstood areas of tax law. Many taxpayers avoid it entirely out of fear of audits, while others claim it aggressively without meeting the requirements. Both approaches can be costly. The home office deduction is...
by SEO | Mar 8, 2026 | IRS Representation
The Qualified Business Income deduction, often referred to as the QBI deduction under IRC §199A, is one of the most valuable and most misunderstood tax benefits available to small business owners. On the surface, it promises a deduction of up to 20 percent of business...
