This guide walks you through the full process, from collecting W-9s to filing with the IRS—without needing a payroll company or CPA to do it for you.

If you’re a business owner and your CPA keeps talking about “basis,” it can sound like accounting jargon that doesn’t affect your real life. But basis is actually one of the most important  numbers tied to your tax return—because it controls three big things: How much of your business losses you can deduct How much cash you can take out tax-free How much gain you report when you sell your interest or the business sells assets Basis is basically your tax “skin in the game.”  T

Below are practical, real-world examples of how businesses can reduce tax liability in 2026.

Buying or Selling a Small Business: Pros, Cons, and Tax Strategies That Can Make (or Break) the Deal

When it comes to managing your finances, hiring an accountant can feel like a significant expense. But the right accountant can often save you far more than they cost.

If you're a business owner, real estate investor, or high-income earner, you've likely heard the term depreciation  tossed around in tax...

The way your business is structured has far-reaching implications—not just for taxes, but for liability, asset protection, and long-term sus

If you own an independent pharmacy, there’s a good chance you’re overpaying your taxes — and you don’t even know it.

Your pharmacy’s financial statements should do more than just track revenue and expenses—they should provide real insight into your business

Questions pharmacy owners should ask before filing their tax return

Understanding financial statements is crucial for business owners, investors, and stakeholders who want to assess a company’s financial heal

By understanding and tracking key metrics and margins, you can make informed decisions that drive profitability and long-term success.

Whether you’re looking to expand services, upgrade technology, or manage cash flow during challenging times, understanding your loan options

Here are five common financial pitfalls that independent pharmacies face and actionable strategies to overcome them.

By following this checklist, independent pharmacy owners can close out the year with confidence, knowing their finances are in order and the

Without a predefined agreement, disputes over valuation, terms, or transition processes can escalate quickly. An exit strategy helps set

As the end of the year approaches, now is the perfect time to take stock of your finances and make moves that could benefit your tax situati

The short-term rental tax strategy is an advanced tax strategy that allows short-term rental investors to offset their earned income

Before the introduction of income tax, the federal government funded itself primarily through tariffs, excise taxes, and land sales.

The Corporate Transparency Act - What You Need to Know