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Guide to Estimated Taxes
Confused about estimated taxes in 2026? Learn payment deadlines, safe harbor rules, and how to avoid IRS penalties as a small business owner.
Medical Expense Tax Deduction

Can You Qualify for a Medical Expense Tax Deduction?

You may be able to deduct some of your medical expenses, including prescription drugs, on your federal tax return. While the rules make

2019-business-tax-return

The QBI Deduction Basics and a Year-End Tax Tip That Might Help You Qualify

If you own a business, you may be wondering if you’re eligible to take the qualified business income (QBI) deduction. Sometimes this is

business-owners-may-be-able-to-reduce-tax-by-using-an-S-corporation

The Importance of S Corporation Basis and Distribution Elections

S corporations can provide tax advantages over C corporations in the right circumstances. This is true if you expect the business will incur

Using-your-401k-plan-to-save

Maximize Your 401(k) Plan to Save for Retirement

Contributing to a tax-advantaged retirement plan can help you reduce taxes and save for your retirement. If your employer offers a 401(k) or

wash-sale-rule

Steer Clear of the Wash Sale Rule If You’re Selling Stock by Year End

Are you thinking about selling stock shares at a loss to offset gains that you’ve realized during 2020? If so, it’s important not

Section-179-depreciation

Small Businesses: Cash In On Depreciation Tax Savers

As we approach the end of the year, now is a good time to think about whether your business needs to buy business

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