Fresh Takes on The Numbers That Run Behind Your Biz + Life
DESi’s Digest
Can a Single-Member LLC Be an S-Corp? Easy Answer!
Yes, your single-member LLC can elect S-corp status for tax savings. Here's what changes and whether it's worth the paperwork!
What Is the S-Corp Tax Rate? Easy Guide You'll Understand
S-Corp tax rate is your personal income tax rate. Learn how S-Corps avoid double taxation and save on self-employment taxes.
Is Client Entertainment Tax Deductible? Usually, No
Is client entertainment tax deductible? Usually no, but meals with clients are 50% deductible. Learn what qualifies and IRS rules.
How to Set Reasonable Compensation
Learn how to determine reasonable compensation as a small business owner and avoid IRS penalties with this simple guide.
Can You Write Off Alcohol as a Business Expense?
Can you write off alcohol as a business expense? Learn IRS rules for deducting drinks at client meetings, events, and entertainment.
