7 Helpful Last-Minute Business Tax Deductions
Can you believe the end of the year is just around the corner? Now is the time to plan for 2020 taxes! Let’s go over 7 helpful last-minute business tax deductions to help you reduce your 2020 taxes. 7 last-minute business tax deductions 1. Prepay Expenses Using the IRS Safe Harbor Thank the IRS for…
Advantages and responsibilities of an S Corp
I’m guessing that many RV entrepreneurs have heard of the tax savings an S Corp offers. However, it’s important to know when it’s worth electing S Corp status. It’s also important to understand the extra responsibilities of an S corp. If you’re wondering if you should elect S Corp status, then this is for you.…
7 ways to save money on your taxes
Are you a self-employed small business owner? If so, let’s take a look at 7 ways to save money on your taxes. Do you put off doing your taxes because you are too scared to find out what you’ll owe? Are you confused over what deductions you can take? Yes. I’m talking to you the…
Retirement and HSA Contributions: How can they help you?
Using retirement contributions and a health savings account (HSA) to help reduce your immediate tax liability is a real way for tax savings. I highly suggest maxing out any retirement contributions possible. I also recommend contributing to your HSA, if you have one. Let’s dive deeper into retirement and HSA contributions and how they can…