if you made $400 or more in self-employment net income, you must pay the self-employment tax

tax strategies and deductions tailored for real estate agents and self-employed individuals.

Get every deduction you deserve and maximize your tax refund by prepping now with our essential 2024 tax filing tips.

If you earn a high income, smart tax planning strategies like maximizing retirement contributions, investing in real estate, and tax loss ha

Estimated taxes are a necessity for over 12 million filers - do you need to pay them?

Proper tax planning and preparation before year-end can lead to substantial benefits for business owners, especially with proposed tax law c

Selling investment property can trigger massive capital gains taxes - but you can legally minimize the tax bite using these proven strategie

While S-corporations do offer some benefits for high-income situations, LLCs provide more flexibility, simplicity, and protection that most

Filing taxes can be confusing for independent contractors who don't have an employer to withhold taxes, so this complete guide covers self-e

This popular tax break allows you to reduce your taxable income by deducting the interest paid on a mortgage loan.

If you run a business or earn income outside of traditional W-2 employment, chances are you need to pay estimated taxes.

Bonus depreciation enables immediate deduction of the full purchase price in the year the property is placed in service, generating massive

Section 179 of the IRS tax code allows businesses to deduct the full purchase price of qualifying equipment and software...

Choosing between an S corp vs C corp structure has major implications for taxation, liability protection, ownership flexibility, and costs w

As a small business owner, getting a handle on your diverse tax obligations, from income and payroll taxes to sales taxes and employment tax

Understanding Schedule E tax deductions allows real estate investors to maximize write-offs and minimize taxable rental income.

Utilizing all allowable deductions for your rental real estate is crucial for two main reasons - it lowers your taxable income and can offse

One strategy to maximize tax benefits for short term rentals is to qualify the income as active rather than passive. Here's how:

As a real estate professional, you qualify for valuable tax deductions and write-offs that non-professionals don't get.

With an S-corporation, only wages paid to shareholder-employees are subject to FICA taxes - earnings distributed as dividends bypass payroll