Business vehicle write-offs under current law help company owners deduct more than ever – faster than ever – from their taxes. But the specifics are sometimes confusing (not to mention they can change year by year). Never fear: I’m here to help. Let’s dig into the nitty-gritty of vehicle write-offs for your business, so you
Why aren’t more small business owners paying their kids under 18? It’s a smart move to shrink your tax liability and gain so much more
Businesses need to file a form 1099-NEC for every person for whom they pay $600 or more over the course of the previous tax year. A 1099-NEC form is only necessary for people who are NOT employees, such as contractors.
Let’s be honest—most people don’t launch a business because they’re excited about accounting. But here’s the truth: if you’re a business owner and you don’t understand the basics of your financials, you’re putting your success at risk. Knowing your numbers is essential for everything from applying for a loan to scaling your business to building
If you’re a small business owner, you’ve probably bounced between your CPA and your attorney more times than you’d like to admit. One tells you to ask the other. The other tells you, “That’s a tax issue, not legal.” And somehow you’re left in the middle—still unsure what to do. It’s confusing, frustrating, and usually
Starting a business, managing rentals, or just trying to get your financial house in order? You’re not alone—and if you’ve been Googling questions like “LLC vs. S Corp” or “Should I put my car in a trust?”—this guide is for you. Tax law and legal planning don’t have to be overwhelming. In fact, when you
Will you leave a legacy or a disaster? In this guide, we’ll break down the two most essential estate planning tools you need: a will and a revocable living trust. We’ll also talk about what each one does, how they work together, what it should cost, and the biggest mistake most people make with their
Everything changes when you’re in the room. One hallway conversation can lead to a six-figure referral partnership. One live session can unlock a tax strategy that saves your client thousands. One dinner with growth-minded professionals can recharge your confidence and reshape your future. This kind of experience doesn’t happen on Zoom. It happens in person,
If you’re a business owner, investor, or side hustler, your tax and legal structure MATTERS.And if you’re still filing everything under your own name or haven’t made the switch to an S corp, you could be leaving thousands of dollars and tons of peace of mind on the table. That’s why we created the Trifecta.
You’ve probably heard that forming an LLC is a smart move for protecting your business and assets. But did you know there are six main types of LLCs—and two bonus variations—that each serve very different purposes? In this guide, we’ll break down exactly what those types are, who should use them, and how choosing the
All of us want to save taxes, but at the same time stay out of trouble with the IRS. In fact, I would hope we would even have a higher standard of being honest and ethical in the manner in which we all report our income, deductions and file our tax returns. We live in
When most people hear the term “family office,” they imagine billionaires with private jets, private investment advisors, and fancy offices. But guess what? You already have a family office — it might just be the third bedroom down the hall with a hide-a-bed in it. And that’s more than enough to start building serious tax
Starting your own business feels incredible—until reality hits: you’re also now the bookkeeper. If you’re wondering, “How do I even start my bookkeeping?”, you’re not alone. We’ve been there. So have thousands of business owners we’ve coached—some who got it right early, and some who learned the hard way. Good news? You don’t have to figure it
Health insurance is expensive, and making sure it’s a write-off in your business is a big deal. Regrettably, it’s not as easy as just putting it on your P&L and treating it like office supplies. Health insurance premiums can be deductible. However, they must be reported in a specific way based on your type of
Crypto clients don’t always know what they’re doing—but their wallets sure do. If you’ve ever looked at a spreadsheet full of transactions from a crypto client and wondered how you’re supposed to make sense of it all… you’re not alone. Tracking crypto trades, swaps, staking rewards, and DeFi earnings can feel like trying to untangle
