RESOURCES

Be ready for the 2026 Mid-year Mileage Change

S-Corp business owners have rules to follow each year to maintain their S Corp status and avoid unnecessary taxes, penalties, and other problems.

Electing S Corporation status can provide valuable tax advantages for many small businesses if it is done correctly.

Many self-employed individuals &small business owners overlook tax deductions each year because they don't realize certain expenses qualify as business-related

What S-corps must do each year - part of a series addressing issues for S-Corps.

If you use your vehicle for business purposes, you may be able to deduct some of those expenses on your tax return.

If you are self-employed, own a small business, freelance, or operate a side business from home, you may qualify for the home office deduction.

Receiving a letter from the IRS can feel stressful, but many IRS notices are routine and can often be resolved quickly when handled properly.

How to check on your tax payment status with the IRS https://www.irs.gov/payments/pay-personal-taxes-from-your-bank-account

How to pay your tax balance due, estimated payments or part of a payment plan. Penalties and interest will continue to grow until you pay the full balance.

Energy Efficient Home Improvement Credit and documentation needed to claim the tax credit in 2025