IRS

Today’s post is going to be a bit different. The Taxpayer Bill of Rights is an important topic for anyone that has to interact with the IRS. However, instead of going through all of it in a blog post, I made a couple of videos that explains each of the ten rights.

Today’s post is going to be a bit different. The Taxpayer Bill of Rights is an important topic for anyone that has to interact with the IRS. However, instead of going through all of it in a blog post, I made a few videos that explains each of the ten rights.

The Inflation Reduction Act brought good news to small businesses that want to claim the Research and Development Tax Credit. Qualified small businesses can use the research credit against payroll taxes instead of income tax.

With the rise of so-called tax experts on social media sites like TikTok, one might believe that creating an LLC is the path to deducting any and every expense that you can push through the company’s accounts.