Pro Spotlight Q&A

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.

Explore the best QuickBooks alternatives tailored for diverse small business needs. Discover cost-effective solutions.

Discover what every LLC owner should know about receiving Form 1099. Learn the requirements for filing and how LLCs get 1099s.

Learn about Form 8881, the tax credit for small businesses starting retirement plans. Find instructions and eligibility.

Discover how Schedule F helps self-employed farmers report their income and expenses, calculate profit or loss, and comply with IRS rules.

Learn how to use IRS Form 3800 to claim the General Business Credit on your tax return. Discover instructions and updates.

Discover how to apply for an LLC with our step-by-step guide. Learn about the benefits, state fees, and federal tax classification.

Looking for the best IRS Direct File alternative? Explore top tax filing options with low fees, fast refunds, and IRS compliance.

Explore the pros and cons of owning vs. leasing a business vehicle. Learn about tax deductions, financial impacts, and how to qualify.

Discover which business assets cannot be depreciated and how understanding depreciable and non-depreciable assets can help business owners.

Discover how the federal gas tax affects your business, from motor fuel purchases to funding infrastructure projects.

Discover the 2024 list of vehicles over 6000 lb that qualify for the Section 179 deduction. Maximize your small business benefits now!

Learn how to report uncollected Social Security and Medicare tax on wages using Form 8919. Get essential information on filing and updates.

Maximize your home office deduction with IRS Form 8829! Learn how to deduct home office expenses and optimize your space for tax benefits.

Learn everything about Form 1120-S, the income tax return for S corporations. Get insights on filing, deductions, and losses.

Discover essential tips for first-time LLC filers, including tax benefits, filing requirements, and insights from tax experts.

Discover the advantages of an LLC as a business structure that offers liability protection from debts, while also providing tax benefits.

Learn about IRS Form 1099-K for the 2025 tax season, including reporting requirements, instructions, and how it’s used to report income.

Discover essential information about Form 1096, including filing instructions and updates for business owners submitting returns to the IRS.

Unlock the benefits of bonus depreciation! Learn how the Tax Cuts and Jobs Act impacts Section 179 deductions.