If you’d like to use the Section 179 deduction to buy business equipment, make sure you understand the latest rules. Here are the key changes for 2021.
A Guide to the Section 179 Deduction
Tax Deductions for Small Business
Bonus Depreciation vs. Section 179: What’s the Difference?
The difference between Section 179 and bonus depreciation may seem subtle, but understanding the key details will help you get the largest tax break.
Setting an Early Retirement Goal as a Business Owner
If you run a bustling small business, retirement might seem impossible. But you can achieve an early retirement goal if you have a clear plan.
What Is the Employee Retention Credit and How Can It Help Small Businesses?
What is the employee retention credit, and how can it help small businesses? Get inside guidance from an experienced CPA.
Capital Gain vs. Capital Loss
Understanding capital gain vs. capital loss is important for business owners who are considering selling business assets.
What Is the American Rescue Plan?
What is the American Rescue Plan? Learn more about this bill and new tax credits for employers, such as paid leave for employee vaccinations.
What Small Business Owners Need to Know About Inventory Depreciation
Inventory depreciation is part of running a business. Here’s how the inventory tax rules work.
Understanding Net Operating Loss Carryforward and Carryback
Even if your business took a loss, you could still get a tax break through the net operating loss carryforward or carryback deduction. Here’s how it works.
Can I Borrow Money From My LLC?
How can I borrow money from my LLC and not be subject to tax penalties? We break it down.
C Corporation vs S Corporation: Which Is Right for Your Small Business?
When you’re incorporating, choosing the right entity matters. Here’s how you can settle the C corporation vs S corporation debate.
