Monthly Archives: November 2024

Strategies for Small Businesses and Sole Proprietors to Save Money on Taxes -Part 8 of 10 When it comes to reducing your tax bill, tax credits are the MVP. Unlike deductions that just chip away at your taxable income, tax credits knock dollars right off your tax bill. For small business owners and sole proprietors, […]

Strategies for Small Businesses and Sole Proprietors to Save Money on Taxes -Part 7 of 10 Choosing the right legal structure for your business isn’t just a “check-the-box” decision—it’s one of the most important steps for minimizing taxes and protecting yourself. The structure you choose determines how you’re taxed, how much paperwork you need to […]

Strategies for Small Businesses and Sole Proprietors to Save Money on Taxes -Part 6 of 10 Health care costs are no joke for small business owners and sole proprietors—they can be one of the biggest line items on your expense sheet. But here’s the good news: there are smart tax-saving strategies out there that can […]

Strategies for Small Businesses and Sole Proprietors to Save Money on Taxes -Part 5 of 10 If you’re a small business owner, hiring family members can be more than just convenient—it’s a smart, tax-friendly move that puts more of your hard-earned money back into the business. Whether it’s your kids, spouse, or even your parents, […]