Category Archives: Business

Strategies for Small Businesses and Sole Proprietors to Save Money on Taxes -Part 10 of 10 – The Finale! Running a small business or being a sole proprietor means juggling more hats than a magician at a kids’ party, and one of the most underrated yet crucial responsibilities? Solid record-keeping. Sure, it’s not glamorous, but […]

Strategies for Small Businesses and Sole Proprietors to Save Money on Taxes -Part 9 of 10 If you’re a small business owner or a sole proprietor, chances are your vehicle plays a big role in keeping things running smoothly. Whether it’s client meetings, supply runs, or business errands, those miles and expenses add up. The […]

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, […]

Strategies for Small Businesses and Sole Proprietors to Save Money on Taxes -Part 4 of 10 If you’re a small business owner or sole proprietor, taxes are always on your mind, whether you like it or not. The reality is, tax obligations are inevitable, but with smart planning, you can legally reduce what you owe […]

Strategies for Small Businesses and Sole Proprietors to Save Money on Taxes -Part 3 of 10 The Qualified Business Income (QBI) deduction, courtesy of the Tax Cuts and Jobs Act (TCJA) of 2017, is a massive tax-saving opportunity for small businesses and sole proprietors. If you qualify, this deduction can shave up to 20% off […]

Strategies for Small Businesses and Sole Proprietors to Save Money on Taxes -Part 2 of 10 Running a small business or working as a sole proprietor means you’re often focused on the here and now—day-to-day operations, keeping cash flow steady, and getting through the next quarter. But if you’re not thinking about retirement planning, you’re […]

Strategies for Small Businesses and Sole Proprietors to Save Money on Taxes -Part 1 of 10 Welcome to my 10-part series on Strategies for Small Businesses and Sole Proprietors to Save Money on Taxes. As a business owner, I know how important it is to keep as much of your hard-earned revenue as possible. Managing […]