Tax planning

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Tax Strategies
Art, Craft, or Business? A Business of Hobby Loss Rules

Art, Craft, or Business? A Breakdown of Hobby Loss Rules Reading, exercise, fishing, art, gardening… we all have hobbies, and we usually aren’t thinking about tax law as we do them. However, the IRS takes a more technical approach. The rules […]

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Tax Strategies
S Corp Owners Should Plan Their W-2 Wages

There are several reasons why S Corp business owners should carefully plan their W-2 wages. Did you know, there are tax and business consequences when you pay yourself as an S Corp business owner? Let’s review a few reasons why […]

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Employee Benefits  ·  Tax Strategies
Self-Employed Retirement Plans: Which One is Right for Me?

Everyone knows we are supposed to save for retirement, but what is the most effective way to do it? For employees, determining what kind of retirement plan to use is easy: simply use what the employer provides. For the self-employed, […]

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