Retirement Plans for Small Business Owners: SEP-IRA vs. Solo 401(k) vs. SIMPLE IRA
Retirement plans are one of the most overlooked tax planning tools for small business owners. Learn how a SEP-IRA, Solo 401(k), and SIMPLE IRA compare, and how factors like employees, income, and how much you want to save can help you choose the plan that fits your business.
The Small Business Tax Calendar: Key Dates Every Owner Should Know
A small business tax calendar can help owners stay ahead of estimated payments, business return deadlines, 1099 reminders, and planning checkpoints throughout the year. Learn the key timing issues every owner should keep in mind.
5 Tax Deductions Small Business Owners Often Miss
Small business owners may miss valuable deductions when records are incomplete or planning happens too late. Learn five deduction areas worth reviewing with a CPA, including home office expenses, mileage, software, professional services, and retirement planning.
Tax Planning vs. Tax Preparation: Why Small Business Owners Need More Than a Tax Return
Tax preparation reports what already happened, but tax planning helps business owners make smarter decisions before tax season arrives. Learn the difference and why a proactive CPA relationship can help reduce surprises.
How Much Should Small Business Owners Pay in Quarterly Estimated Taxes?
Quarterly estimated taxes can be confusing for small business owners. Learn how estimated payments work, why owners get caught off guard, and how proactive planning can help reduce surprise balances and penalties at tax time.
LLC vs. S-Corp: What Small Business Owners Should Consider Before Making the Switch
Thinking about switching from an LLC to an S-Corp? Learn what small business owners should consider before making the election, including profit level, payroll requirements, reasonable compensation, and whether the added complexity is worth it.
Why Was My Small Business Tax Bill So High This Year?
Surprised by a higher tax bill than expected? Learn why small business owners often owe more than they planned for, and how proactive tax planning can help reduce surprises before next tax season.