💡 Thinking about forming an S Corp? You’re not alone! Many business owners switch to an S Corporation to save on self-employment taxes and protect their profits. But before you take the leap, it’s important to know both the advantages and disadvantages to make the right decision. What is an S Corp? An S Corporation…

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Selling your business is one of the biggest financial decisions you’ll ever make. Whether you’re planning for retirement, moving on to new opportunities, or just ready for a change, the process can be complex. The key to a successful sale? Planning ahead and having the right strategy in place! Here are the six essential steps…

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As the year wraps up, small business owners have a golden opportunity to take action and reduce their tax burden for 2024. Planning ahead can mean the difference between overpaying on taxes or maximizing deductions to keep more money in your pocket. Here are 8 essential tax planning strategies to implement before the year ends:…

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As a small business owner, you’re always looking for ways to make the most of your hard work and resources. One often-overlooked opportunity lies in your business credit card rewards. Did you know that these rewards can be used for personal family vacations—and the best part? They’re not taxable! In this blog post, we’ll explore…

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As a grandparent, you might think your options for supporting your grandchildren are limited to gifts or contributions to savings accounts. But did you know you can pay your grandchildren for work they do—and enjoy tax benefits while teaching them valuable life skills? In my latest YouTube video, I explain how paying your grandchildren can…

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Are you thinking about paying family members as part of your business strategy? While it’s an effective way to involve your loved ones in your business, there are some essential guidelines to follow to make sure you’re doing it right. In my latest YouTube video, I dive into the dos and don’ts of paying family…

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