by Edwin del Carpio | Feb 5, 2025
Essential 1099-MISC & 1099-NEC Reporting Guidelines for 2025 Accurate 1099-MISC and 1099-NEC reporting is critical for businesses that pay independent contractors, vendors, and service providers. The IRS requires specific reporting based on the payment type, and... 
by Edwin del Carpio | Feb 5, 2025
Understanding the Tax Implications of Employing Family Members Hiring family members can offer both financial and tax advantages, but it’s essential to understand how employment tax rules apply. Whether you’re employing a child, spouse, or parent, payroll tax... 
by Edwin del Carpio | Feb 5, 2025
Track and Maximize Your Business Expenses in 2025 Managing your business expenses efficiently is essential for accurate tax reporting and financial planning. Whether you’re self-employed, a small business owner, or managing a growing company, tracking expenses... 
by Edwin del Carpio | Jan 18, 2025
When starting or restructuring a business, choosing the right legal entity is one of the most important decisions you’ll make. Your choice impacts liability protection, taxation, operational complexity, and growth potential. Each business structure has its own... 
by Edwin del Carpio | Jan 18, 2025
Understanding estimated taxes is crucial for anyone earning income not subject to withholding or whose withholding may not fully cover their total tax liability. This guide offers essential information to help you effectively manage your tax payments in 2025 and avoid...
