Tax Deduction Cheat Sheet for Online Entrepreneurs Running an online business is incredibly rewarding, but it also comes with challenges. Taxes are usually one of them. Understanding which expenses you can deduct is one of the best ways to keep more of your hard-earned revenue and reduce stress at tax time. This guide breaks down […]

Essential Tax Filing Tips for Small Businesses 5 Common Tax Myths Debunked Taxes can feel confusing when you run a small business, especially with so many misconceptions floating around. Believing the wrong things can lead to mistakes, penalties, and missed opportunities. Let’s clear up some of the biggest tax myths so you can stay compliant, […]

Financial Success for Your Online Business: 10 Money Rules to Protect Your LLC Setting up your LLC is a big milestone. Once the paperwork is done, most new business owners are left wondering, “Okay… now what?” If you want to protect your LLC and keep things simple and stress free, here are ten foundational money […]

Deducting Content Creation Travel Expenses for Online Entrepreneurs and Influencers Can I deduct travel for content creation as an influencer or online business owner? This is such a great question. This post will dig into deducting content creation travel expenses for online entrepreneurs and influencers. Remember though, while I can offer general information, please note […]

How to Deduct Business Travel Expenses for Online Entrepreneurs Business travel can be a great part of running an online business—but it can also leave you wondering what’s actually deductible and what isn’t. As a CPA who works with online entrepreneurs, I see a lot of confusion around travel write-offs, so let’s walk through the […]

An Employer Identification Number (EIN), also sometimes referred to as a tax ID number, is like a social security number for your business. Applying for an EIN isn’t dependent on whether or not you are just getting started, if you’re making a certain amount of money yet, or even…

Your business may need to send 1099’s to vendors if you pay them more than $600 for services during the year. Learn more about the requirements and what forms you need to have on file.