Fresh Takes on The Numbers That Run Behind Your Biz + Life
DESi’s Digest
How to Form an LLC in Oklahoma in 8 No-Nonsense Steps
Wondering how to form an LLC in Oklahoma? We'll walk you through the business formation process, from choosing your name to celebrating, in 8 steps.
We're not bottomless money pits (3 money-saving tips)
how does the IRS decide who to audit?
In the days of "big data," the IRS uses an algorithm to measure all kinds of data on your tax return, and compare it to others'. The IRS knows your field, and they know what a "normal" range of expenses is on any given category on your tax return. So, when your numbers pop out of that normal range, your tax return gets a flag.
In this week's podcast episode, I'm talking about the fascinating way that the IRS identifies taxpayers for audit. And how you can see what they're seeing, and keep yourself protected.
I'm also teaching you which category on your deductions is actually beneficial to you and which categories you should not treat as a "dumping ground".
It is a little tax-nerdy, but very interesting, and will keep you protected.
So, What Percentage Does a Small Business Pay in Taxes?
What percentage does a small business pay in taxes? There's no universal answer, but we unpack everything you need to know in this article.
LLC vs S-Corp: Which Tax Structure Is the Best for You?
S-Corp tax status can help you maximize tax savings, but there are important things to keep in mind. Learn about the differences between LLCs and S-Corps.