Business Taxes

Our Business Taxes articles include tips for business tax savings. From cashing in on tax credits to year-end tax savings, plus info about the tax benefits of different business formations, you’ll find it all here.

What Are the Tax Benefits of an LLC?
An LLC offers several tax benefits, including simply having the flexibility to choose how you want the entity to be taxed.
July 19, 2024 · 2 min read
What Is a 1099 Form? What to Know as an Independent Contractor
Received a 1099 Form in the mail? You'll need it to complete your tax return as an independent contractor.
July 18, 2024 · 4 min read
What Is Mello-Roos? The Ultimate Guide to this California Tax Law
If you have questions about Mello-Roos, we have answers. This California tax on properties is controversial and often misunderstood.
July 18, 2024 · 6 min read
What Is a Schedule K1 Tax Form?
Why might you receive a Schedule K-1 and what do you need to do with it? If you have an ownership interest in a partnership, S corp, or LLC, you may receive a Schedule K-1. You should report the information from the K-1 on your individual tax return.
July 15, 2024 · 3 min read
Make business tax deductions work for you
June 12, 2024 · 3 min read
Reduce self-employment taxes with a corporation or LLC
Self-employment taxes can take a big bite out of your income—but you can take steps to minimize the impact.
April 19, 2024 · 3 min read
How to Issue a 1099 to an LLC
If your business pays an LLC more than $600 a year for rent, business services or independent contractors, you’ll need to issue a federal form 1099 to report those payments to the Internal Revenue Service. Here’s what’s required.
March 21, 2024 · 3 min read
Are LLC startup expenses tax deductible?
The expenses you incur as you set up your LLC are tax deductible, though you need to know important limits, exceptions, and rules to legally deduct these costs.
March 18, 2024 · 2 min read
Year-end tax tips for every business owner
Are you planning now to reduce your tax burden in April? You should be. Check out these year-end tax tips for business owners to get started in the right direction.
February 20, 2024 · 2 min read
How to fill out a W-9 for a nonprofit corporation
Even though your nonprofit has tax-exempt status, you may need to fill out a W-9 when working with other businesses.
February 6, 2024 · 3 min read