If you are a digital nomad or are considering working on the road for any considerable period of time this post is for you. Many of these could also work for those traveling and working internationally as well. My family and I recently spent 14 months traveling the United States in an RV and these […]

You may have already heard about it, or it might be completely new to you, but there’s an important development in the corporate regulatory environment that deserves your attention. It’s the new Beneficial Ownership Information Reporting requirement, introduced under the Corporate Transparency Act. Whether you’re already in the know or just encountering this for the […]

Self-employment taxes are what I see as the most common cause of those surprise tax bills at the end of the year so I wanted to break them down a bit here. If you own an unincorporated business, you likely pay at least three different federal taxes. In addition to federal income taxes, you must […]

The IRS noticed that average gas prices across the United States exceeded $5.00 a gallon and took action. Small businesses that qualify to use and do use the standard mileage rate can deduct 62.5 cents per business mile from July 1 through December 31, 2022. That’s up 4 cents a mile. This brings up a […]

Do you own a corporation, limited liability company (LLC), limited partnership, limited liability partnership, limited liability limited partnership, or business trust?  Or are you planning to form one of these entities? If so, be alert. There’s a new federal filing requirement coming. Back in 2021, Congress passed a new law called the Corporate Transparency Act […]

Have you invested a little or a lot in cryptocurrency? It’s becoming a much more common way to not only build your investment portfolio, but also to buy and sell products and services electronically. If you have or plan to trade in crypto there are some things you should know about the tax reporting requirements. […]

Whether you’re just starting out or are looking for a more small business friendly account, there are certain features that are important when choosing a bank account. First though, you may have noticed that I specifically said “business” bank account. That is because whether you’re a sole proprietor, LLC or an S Corporation, I highly […]

I see you out there, using your business for good! Sharing valuable information, working with brands that align with your values, and using your platform for impact. Did you know that you can also bring your finances into better alignment with your values? Read on for some tips on how to ‘green your finances’. Choosing […]