Pro Spotlight Q&A

Discover how to claim the federal tax credit for heat pumps under the Inflation Reduction Act. Learn eligibility and rebates.

Learn how to manage taxes as a self-employed freelance electrician, including deductions for insurance, licenses, and vehicle expenses.

Discover how IRS Form 2553 allows small businesses to elect S corporation status, benefiting from potential tax savings.

Master payroll taxes with our simplified guide for employers. Learn how to calculate, withhold, and manage payroll tax rates.

Discover the Fuel Tax Credit: learn who qualifies, eligible fuel types like gasoline and diesel, and how to file Form 4136.

Learn how to simplify your tax filing with Schedule C-EZ. Understand its role for self-employed individuals and sole proprietors.

Discover how to incorporate your business with our step-by-step guide. Navigate the process of forming a corporation.

Discover how bonus depreciation in real estate can help you, as a real estate investor, deduct costs and reduce taxable income.

Discover if credit card interest is tax-deductible for business owners. Learn how to manage credit card expense effectively.

Discover how to utilize IRS Form 8941 to claim the credit for small employer health insurance premiums.

Discover essential insights for small business owners on how to calculate and pay estimated taxes. Avoid surprises in April!

Discover if you can claim a mileage deduction for commuting to work. Learn the IRS rules and how self-employed individuals can benefit.

Discover how to maximize your tax savings with Form 8995 and 8995-A for the Qualified Business Income Deduction.

The W-9 form is a crucial tax document for freelancers, independent contractors, and businesses, ensuring accurate tax reporting and prevent

Discover the key differences between sales tax and excise tax. Learn how excise taxes apply to certain goods.

Need more time to file your business tax return? Learn how to request an extension using IRS Form 7004.

Discover how to use Form 4136 to claim your federal fuel tax credit. Get details on excise tax and alternative fuel credits.

Discover how S Corporation taxation works and the key benefits for business owners. Learn to minimize corp tax and navigate IRS regulations.

Discover which payroll taxes are solely the responsibility of employers, including Social Security, Medicare, and FUTA taxes.

Section 179 lets business owners write off the entire purchase price of qualifying equipment instead of spreading depreciation over years.

What are the risks of neglecting bookkeeping for small businesses? Learn why it's crucial to prioritize proper financial practices.

Discover the essential elements of managing accounting & bookkeeping services for startups in 2025. Find solutions for small businesses.

Stay ahead in 2025's startup scene with a guide for legal founders. Secure intellectual property, manage shareholders & avoid pitfalls.

Explore how your federal tax dollars are spent, and uncover the impact of income taxes on what taxes pay for.

Learn about tax shelters, legal examples, and considerations for reducing tax liabilities in this comprehensive guide for taxpayers.