How to Pay Yourself: Salary vs. Distributions in an S-Corp

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Running an S Corporation (S-Corp) offers numerous tax advantages, especially when it comes to how business owners pay themselves. One…

How to Maximize the Earned Income Tax Credit (EITC)

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The Earned Income Tax Credit (EITC) is one of the most powerful tools for reducing tax liability and increasing refunds…

How to Integrate Sales Tax Software with Shopify, Amazon, and Etsy

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Managing sales tax compliance across multiple e-commerce platforms like Shopify, Amazon, and Etsy can be overwhelming for sellers. Each platform…

How to Handle W-2s, 1099s, and Contractor Payments: A Complete Tax Reporting Guide

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When tax season approaches, proper handling of employee and contractor payments becomes critical. Business owners need to comply with IRS…

How to Handle Sales Tax Audits: A Comprehensive Guide for U.S. Businesses

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Sales tax audits can be a nerve-wracking experience for any business owner. These audits are typically initiated by state tax…

How to Handle Sales Tax and Income Tax in Your E-Commerce Startup

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Starting an e-commerce business is an exciting venture, but it comes with several tax responsibilities that entrepreneurs often overlook. If…

How to Handle Net Operating Losses (NOLs) on Form 1120

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Net Operating Losses (NOLs) are a powerful tax tool for corporations that have experienced more deductions than income in a…

How to Handle an IRS Audit or CP2000 Notice

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Receiving a letter from the IRS can be stressful, especially when it involves an audit or a CP2000 notice. These…

How to File Your Federal Income Tax Return in 2025: A Comprehensive Guide

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Filing your federal income tax return in 2025 may feel overwhelming, especially with evolving tax codes, credits, and forms. Whether…

How to File IRS Form 1065 for Partnerships: Full Instructions

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IRS Form 1065 is the U.S. Return of Partnership Income. Partnerships in the United States—including limited partnerships (LP), limited liability…

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