The Qualified Business Income (QBI) deduction under §199A lets you deduct up to 20% of your S‑Corporation profits. It can be one of the most valuable tax breaks if you structure your compensation correctly. Your salary directly affects how much of...
Colorado's pass-through entity tax can save S-corps and partnerships real money on their federal taxes. The state created this option to help business owners work around the $10,000 cap on federal state and...
If you accept payments through platforms like PayPal, Venmo, Cash App, eBay, Etsy, Amazon, or ticket and rideshare apps, the Form 1099-K rules matter to you. For tax year 2025, the federal reporting threshold...
The 2025 tax year brings some of the biggest adjustments in years to the federal tax brackets and standard deduction, plus important changes to the child tax credit, payroll tax thresholds, and capital gains...
