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Guides · Tax Planning

Tax Planning guides

167 plain-English guides on tax planning, each one ending in what to do next.

All Cross-BorderUS TaxCanadian TaxSmall Business & BookkeepingCFO & AdvisoryTax Planning

Page 7 of 7, newest first.

Tax Planning

Tax Planning for Professional Athletes, Entertainers, and Performing Artists: Multi-State Filing, Image Rights, and Career-Span Income Management

Professional athletes and entertainers face a tax environment that is unlike any other profession because their income is (1) extremely high.

Sep 5, 2026
Tax Planning

Tax Planning for Professional Services and Consulting Firms: SSTB Strategies, Entity Optimization, and Fee Structuring

Professional services and consulting firms (management consulting, marketing agencies, financial advisory, accounting firms.

Sep 5, 2026
Tax Planning

Tax Planning for Professional Services Firms: Attorneys, Consultants, and Advisors

Professional services firms (law firms, consulting practices, advisory firms. SSTB impact on professional services firms:.

Sep 5, 2026
Tax Planning

Tax Planning for Property Management Companies: Fee Income, Expense Allocation, and Entity Structure

Property management companies collect management fees (typically 8-12% of gross rent for residential. Property management revenue streams: | Revenue.

Sep 5, 2026
Tax Planning

Tax Planning for Restaurants and Food Service Businesses: FICA Tip Credit, QIP, and Industry-Specific Deductions

Restaurants and food service businesses have access to several tax benefits that are either unique to the industry or particularly valuable for food.

Sep 5, 2026
Tax Planning

Tax Planning for SaaS and Software Companies: R&D Credits, IRC 174 Capitalization, and Revenue Recognition

Software and SaaS companies face a unique combination of tax rules that differ significantly from traditional businesses.

Sep 5, 2026
Tax Planning

Tax Planning for Seasonal Businesses: Managing Income Spikes and Dead Months

Seasonal businesses face uneven income that complicates quarterly estimated tax payments. How to use the annualized income method to avoid penalties.

Sep 5, 2026
Tax Planning

Tax Planning for Staffing Agencies and Temporary Employment Services: FICA, FUTA, and PEO Structures

Staffing agencies and temporary employment services face a unique tax burden because their primary cost is labor. Staffing agency payroll tax costs (per.

Sep 5, 2026
Tax Planning

Tax Planning for Tattoo Studios, Piercing Shops, and Body Art Businesses: Booth Rental, Supply Deductions, and Entity Structure

Tattoo studios and body art businesses operate on a model similar to hair salons. Tattoo studio business models:. Covers key rules, filing requirements,.

Sep 5, 2026
Tax Planning

Tax Planning for Trucking Companies and Owner-Operators: Per Diem, Equipment Depreciation, and IFTA

Trucking companies and owner-operators have unique tax planning opportunities that differ significantly from other industries.

Sep 5, 2026
Tax Planning

Tax Planning for Trucking Owner-Operators: Per Diem Deductions, IFTA Fuel Tax, Equipment Depreciation, and Lease-Purchase Agreements

Trucking owner-operators (independent contractors who own or lease their truck and haul freight under their own authority or leased to a carrier) have one.

Sep 5, 2026
Tax Planning

Tax Planning for Trucking and Transportation Companies: Per Diem, IFTA, Equipment Depreciation, and Entity Structure

Trucking and transportation businesses operate under a unique tax framework that combines heavy equipment depreciation. Covers key rules, filing.

Sep 5, 2026
Tax Planning

Tax Planning for Veterinary Practices: Equipment Depreciation, Entity Structure, and Retirement Plan Strategies

Veterinary practices share many tax characteristics with human healthcare practices, including the SSTB classification under IRC 199A(d)(2).

Sep 5, 2026
Tax Planning

Tax Planning for Wedding Planners and Event Planning Businesses: Vendor Payments, Deposit Handling, and Seasonal Income

Wedding and event planning businesses face unique tax challenges because of the timing mismatch between collecting deposits (often 6-18 months.

Sep 5, 2026
Tax Planning

Year-End Tax Planning Checklist for Small Business Owners: 15 Strategies Before December 31

A comprehensive year-end tax planning checklist covering equipment purchases, retirement contributions, estimated tax true-up, 1099 preparation.

Sep 5, 2026
Tax Planning

Year-End Tax Planning for Small Business Owners: 15 Strategies to Reduce Your Tax Bill

The most effective year-end tax strategies for small business owners: income deferral, expense acceleration, retirement plan contributions.

Sep 5, 2026
Tax Planning

Small Business Tax Record Retention: How Long to Keep Receipts, Returns, and Financial Records

Keep tax returns for 7 years, employment records for 4 years, asset records until disposed + 3 years, and corporate records permanently.

Sep 5, 2026
Tax Planning

Wash Sale Rule for Business Owners: How IRC 1091 Affects Your Investment Losses

The wash sale rule (IRC 1091) disallows a loss deduction when substantially identical securities are purchased within 30 days before or after the sale.

Sep 5, 2026
Tax Planning

Work Opportunity Tax Credit (WOTC): Tax Credits for Hiring From Targeted Groups

The WOTC provides a tax credit of $2,400-$9,600 per qualified employee hired from targeted groups including veterans, SNAP recipients, ex-felons.

Sep 5, 2026
Tax Planning

Year-End Tax Planning Quick Checklist: Retirement, Equipment, and QBI Strategies

A comprehensive year-end tax planning checklist covering retirement contributions, equipment purchases, income deferral, expense acceleration.

Sep 5, 2026
Tax Planning

Year-End Tax Planning Checklist for Small Business Owners

The last quarter is when small business owners can still influence their tax bill. Year-end tax planning checklist by deadline: October (90 days left): -.

Sep 5, 2026
Tax Planning

Year-End Tax Planning Strategies for Small Businesses

October through December is the tax planning window. Strategies include accelerating deductions (equipment purchases, prepaying expenses).

Sep 5, 2026
Tax Planning

Small Business Government Contracting: Set-Asides, 8(a), and HUBZone

Federal agencies report their performance against these goals annually, and procurement officers face real pressure to meet them.

Aug 27, 2026