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All Articles(7)
Tax Planning(7)

All Articles

7 articles
Tax PlanningJuly 29, 2025

A Small Business Owner's Guide to the 'Big Beautiful Bill Act'

Learn about the new tax provisions that benefit small businesses, including the permanent extension of the Qualified Business Income (QBI) deduction, enhanced depreciation and expensing, and expanded employer tax credits.

By Michael Chen, CPA12 min read
smallbusinesstaxplanningbusinessstructure
Tax PlanningJuly 29, 2025

Decoding Your Taxes: The Landlord's Comprehensive Guide to Rental Income

Learn about the new tax provisions that benefit small businesses, including the permanent extension of the Qualified Business Income (QBI) deduction, enhanced depreciation and expensing, and expanded employer tax credits.

By Michael Chen, CPA12 min read
smallbusinesstaxplanningbusinessstructure
Tax PlanningJuly 29, 2025

No Tax on Tips: A Guide for Tipped Workers

Learn about the new tax provision that allows tipped workers to deduct up to $25,000 of their qualified tips from their taxable income.

By Michael Chen, CPA12 min read
tippedworkerstaxplanningbusinessstructure
Tax PlanningJuly 29, 2025

Owner's Equity Explained: A Guide to Your Business's Financial Core

Learn about the fundamental formula for owner's equity and its core components.

By Michael Chen, CPA12 min read
smallbusinesstaxplanningbusinessstructure
Tax PlanningJuly 29, 2025

Understanding the Costs of Forming and Maintaining an LLC

Learn about the upfront costs of forming an LLC, including mandatory state filing fees and optional add-on services.

By Michael Chen, CPA12 min read
llctaxplanningbusinessstructure
Tax PlanningJanuary 20, 2025

A Sole Proprietor's Guide to Getting Paid

Learn how to pay yourself as a sole proprietor through owner's draws, understand self-employment taxes, and discover when to consider an S corporation structure.

By Michael Chen, CPA12 min read
soleproprietorownersdrawselfemploymenttax
Tax PlanningJanuary 20, 2025

Understanding Accumulated Depreciation: A Guide for Business Owners

Learn about accumulated depreciation, its impact on your financials, and how it can inform strategic decisions.

By Michael Chen, CPA12 min read
accumulateddepreciationbusinessownersfinancialplanning

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