2,121 plain-English guides on cross-border moves, US and Canadian returns, and small-business money. Each one ends in what to do next, and says when a written Diagnostic is the smarter first step.
Page 32 of 89, newest first.
Buying equipment gives you Section 179 and bonus depreciation upfront. Leasing spreads the deduction over the lease term.
Small Business & BookkeepingA 1031 like-kind exchange under IRC 1031 defers capital gains and depreciation recapture taxes when selling business or investment real estate.
Small Business & BookkeepingA like-kind exchange under IRC 1031 allows a taxpayer to defer capital gains tax when selling investment or business-use real property and reinvesting.
Small Business & BookkeepingA like-kind exchange under IRC 1031 allows a taxpayer to defer capital gains tax on the sale of investment or business real property by reinvesting.
Small Business & BookkeepingA 1031 like-kind exchange under IRC 1031 allows an investor to defer all capital gains and depreciation recapture taxes when selling an investment.
Small Business & BookkeepingA 1031 like-kind exchange allows a real estate investor to sell an investment or business property and defer all capital gains tax by reinvesting.
Small Business & BookkeepingA 1031 like-kind exchange (IRC 1031) allows real estate investors and business owners to defer capital gains tax and depreciation recapture when selling.
Small Business & BookkeepingA like-kind exchange under IRC 1031 allows a real estate investor to defer capital gains tax indefinitely by exchanging one investment or business-use.
Small Business & BookkeepingCritical tax provisions for LLC operating agreements: 1. Allocation of income and losses (IRC 704(b)). Allocation of income.
Small Business & BookkeepingA side-by-side comparison of tax treatment for sole proprietors, single-member LLCs, and S-Corps at three income levels.
Small Business & BookkeepingAn LLC is a legal structure (liability protection), not a tax election. An S-Corp reduces self-employment tax. Compare LLC, S-Corp, and sole.
Small Business & BookkeepingAn LLC provides liability protection but does not change the tax treatment by default. A sole proprietor and a single-member LLC file the same Schedule C.
Small Business & BookkeepingAn LLC does NOT change your tax rate. A single-member LLC is taxed identically to a sole proprietorship (Schedule C, SE tax on all net profit).
Small Business & BookkeepingSelf-employment tax (15.3% on net SE income up to $176,100, then 2.9% Medicare above) is the largest tax many sole proprietors pay.
Small Business & BookkeepingBusiness meals are deductible at 50% of cost when the meal has a clear business purpose and is not lavish or extravagant.
Small Business & BookkeepingBusiness meals are 50% deductible when the meal involves a business discussion with a client, customer, or business associate.
Small Business & BookkeepingBusiness meals are 50% deductible in 2025 (the 100% deduction for restaurant meals expired after 2022). 2025 business meals deduction rules: 50%.
Small Business & BookkeepingBusiness meals are 50% deductible in 2025 under IRC 274(k) when the taxpayer or an employee is present, the meal has a clear business purpose.
Small Business & Bookkeeping50% deductible: Business meals with a client, prospect, vendor, or business associate where business is discussed before, during, or after the meal.
Small Business & BookkeepingBusiness meals are 50% deductible in 2025 (the 100% restaurant meal deduction expired after 2022). The temporary 100% deduction for restaurant meals.
Small Business & BookkeepingBusiness meals with clients remain 50% deductible under IRC 274. Entertainment is fully nondeductible after TCJA. The current rules explained.
Small Business & BookkeepingBusiness meals are 50% deductible when there is a clear business purpose and the taxpayer or employee is present. Includes IRS rules, documentation.
Small Business & BookkeepingBusiness meals are 50% deductible in 2025 (the temporary 100% deduction for restaurant meals expired after 2022). Includes IRS rules, documentation.
Tax PlanningMedical and dental practices get the biggest tax savings from an S-Corp election, a defined benefit plus 401(k) combination, and Section 179 on equipment.