Key Takeaways Partnership tax planning requires coordinating multiple partners’ individual tax situations The choice between guaranteed payments and distributions has significant tax implications Special allocations can shift income
Accounts Receivable Outsourcing: Improve Cash Flow Without Adding Staff
Key Takeaways AR outsourcing can reduce DSO (days sales outstanding) by 20-30% Typical cost: $12,000-$30,000/year for SMEs with full AR services For S-Corps and partnerships, revenue timing affects
Accounts Payable Outsourcing: When It Makes Sense (and When It Doesn’t)
Key Takeaways AP outsourcing typically costs $1.50-$5.00 per invoice or $200-$800/month for small businesses Companies can reduce AP processing costs by up to 70% with outsourcing For S-Corps
Tax Planning Strategies for Small Business Owners (2026 Guide)
Key Takeaways Tax planning happens in October. Tax preparation happens in April. The difference is tens of thousands of dollars. The OBBBA made the QBI deduction permanent for
Where’s My Refund? How to Track Your 2026 Tax Refund Status
Tax season 2026 opened January 26. If you’ve already filed, you’re probably checking your mailbox and your bank account wondering when that refund will land. If you’re still
Section 179 Vehicle Tax Deduction 2026: Complete List with GVWR Data & Strategic Planning
You buy a $75,000 Ford F-250 Super Duty in November. Your business deducts $60,000 in year one. Not over five years. Year one. That’s Section 179. And in
Common Business Tax Filing Mistakes (And How to Avoid Them)
Key Takeaways The QBI deduction (Section 199A) is frequently missed or miscalculated. For a business with $200,000 in qualified income, that’s up to $40,000 in deductions missed. S-Corp
Tax Preparation Fees Explained: What CPAs Actually Charge
Key Takeaways Tax preparation fees reflect complexity, not arbitrary pricing. An S-Corp return costs more than Schedule C because it involves more forms, K-1s, basis tracking, and reasonable
How to Choose a Business Tax Preparer: What to Look For
Key Takeaways CPAs have the broadest training (accounting, auditing, tax) and can handle complex S-Corps, partnerships, and multi-entity structures. EAs specialize in tax and have the same IRS
Business Tax Preparation Checklist 2026: Complete Guide by Entity Type
Key Takeaways All businesses need: income documentation (1099s, sales records), expense receipts, bank/credit card statements, prior year tax return, and EIN confirmation letter. S-Corps additionally need: W-2s for