Thinking about turning your next family vacation into a tax write-off by holding a business meeting while you’re there?

Big tax changes are coming that will affect how we give to charity. The new law (often nicknamed “OBBBA”) brings some wins and some hurdles for families and for nonprofits. Here’s the plain-English version of what to know and what to do. *

💼 How to Know if Your S-Corp Salary Is “Reasonable” (and Why It Matters Before Year-End)

As we get close to the end of the year, many business owners start asking:

As the year winds down, most business owners are focused on finishing projects and getting ready for tax season. But there’s still time to grab some easy, legal tax deductions that can make a real difference when April rolls around.

Who Needs a 1099? A Simple 2026 Guide for Business Owners

Have an S Corp but Still Owe Taxes? Here’s Why By David Fiene, CPA | Advantage Accounting Group You set up an S-Corp because you heard it could save you money on taxes. You’re running payroll and taking distributions. Then tax time arrives, and you still owe a large amount. Was the S-Corp a mistake? Not necessarily. An S-Corp can help with part of your tax picture, but it does not automatically handle everything else. Here are the main reasons a big bill can still happen—and

⭐ Who Needs a 1099? A Simple 2026 Guide for Business Owners(Updated with the newest IRS rules for 2026) If you run a business, you’ll probably deal with 1099 forms at some point. The rules can feel confusing, but don’t worry — here’s an easy, friendly guide to help you understand who should get a 1099 in 2026. Let’s break it all down in plain English 😊 💡 Who Should Get a 1099? If your business paid $600 or more to a non-employee during the year, you usually have to send the

As the year winds down, most business owners are focused on finishing projects and getting ready for tax season. But there’s still time to grab some easy, legal tax deductions that can make a real difference when April rolls around. Here are a few of my favorite year-end tax moves that are simple to use — and often overlooked. 🏡 The Augusta Rule — Rent Your Home to Your Business This one is simple and surprisingly powerful.The IRS allows you to rent your personal home to you

As we get close to the end of the year, many business owners start asking: “Is there anything I can still do to lower my tax bill?” Good news — yes, there is!One of the best year-end moves you can make is to take a closer look at your retirement contributions. 🕒 Why Timing Matters Retirement plans aren’t just for the future — they’re one of the best ways to save on taxes right now. But not all contributions follow the same deadline.There are actually two types of contributio

💼 How to Know if Your S-Corp Salary Is “Reasonable” (and Why It Matters Before Year-End) If you run your business as an S-Corporation, your salary can be one of the best ways to save money on taxes — but only if it’s set correctly. Every year, I talk to business owners who ask the same question: “How do I know if my salary is reasonable?” It’s a great question — and the truth is, there’s no magic number.But there is a smart way to figure it out before year-end. 🧾 What the I