Adam’s Tax Blog

Note: Tax advice, articles, and content contained on this site are intended for informational and educational purposes only. They are not a substitute for professional advice. Tax matters are can be extremely complex and vary greatly for each individual or company. Please click here to read our complete disclosure and disclaimer for the information presented on this site.

3 Tax Breaks for Small Businesses to Consider

3 Tax Breaks for Small Businesses to Consider

Here are three tax breaks for small businesses to consider. 1. Claim bonus depreciation or a Section 179 deduction for asset additions Under current law, 100% first-year bonus depreciation is available for qualified new and used property acquired and placed into...

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ABLE Accounts May Help Disabled or Blind Family Members

ABLE Accounts May Help Disabled or Blind Family Members

There may be a tax-advantaged way for people to save for the needs of family members with disabilities — without them losing eligibility for government benefits to which they’re entitled. It can be done though an Achieving a Better Life Experience (ABLE) account,...

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Is an LLC the Right Choice for Your Small Business?

Is an LLC the Right Choice for Your Small Business?

Maybe you are launching a new business and want to know your options for setting it up. Or, perhaps you operate your small business as a sole proprietorship and want to form a limited liability company (LLC) to protect your assets. Here are the basics of operating as...

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