Comparison of the self-employed health insurance deduction for a sole proprietor using Form 7206 and an S corp owner whose premiums go in W-2 Box 1 Tax Planning & Deadlines

Self-Employed Health Insurance Deduction: S Corp Owners Included

How the self-employed health insurance deduction works for sole proprietors, partners and S corp owners, including the W-2 step S corps often miss. We also cover long-term care limits for 2025 and 2026 and HSA limits for 2026 and 2027.

Comparison card: a child's wages in a sole proprietorship are exempt from FICA under age 18, while in an S corp FICA and FUTA apply Tax Planning & Deadlines

Hiring Your Children Tax Deduction: Rules for 2025 and 2026

Paying your kids for real work can be deductible, and in a parent-owned sole proprietorship or partnership their wages can skip FICA and FUTA. Here is how the rules differ by entity for 2025 and 2026, and the records that make it hold up.

Comparison of employer-provided meal deductions: 50% in tax year 2025 versus 0% in tax year 2026 Tax Planning & Deadlines

Business Meals Deduction Rules for 2026 and 2027: 50%, 100% and 0%

The business meals deduction stays at 50% in 2026, entertainment is still 0%, and employer-provided convenience meals and cafeterias dropped to 0%. Here is what qualifies, what is 100% deductible, and how to code it in your books.

Comparison of first-year vehicle deductions: a passenger car capped at $20,300 for 2026 versus a heavy SUV over 6,000 lb GVWR with no luxury auto cap Tax Planning & Deadlines

Bonus Depreciation on Vehicles: 2025 and 2026 Deduction Guide

How the vehicle tax deduction for business works in 2025 and 2026: mileage rates, the more-than-50% rule, luxury auto caps, the 6,000 lb heavy SUV rules and 100% bonus depreciation after the One Big Beautiful Bill Act.

Accountable plan expense report with mileage, home office, phone and travel reimbursements and the 2026 IRS mileage rate Tax Planning & Deadlines

Accountable Plan: Reimbursing Owners and Employees Tax-Free

An accountable plan lets your company reimburse owners and employees for business expenses tax-free and deduct the cost. Here are the IRS rules, 2026 mileage and per diem rates, a sample plan outline and how to book reimbursements.

AI accounting software compared: Rillet, an AI-native ERP, versus Digits, an AI ledger for small businesses, with Campfire and DualEntry also covered Fintech & Business Banking

AI Accounting Software Compared: Rillet, Campfire, DualEntry, Digits

A CPA firm's look at AI-native accounting software: how Rillet, Campfire, DualEntry and Digits compare on pricing, revenue recognition and multi-entity, and when QuickBooks, Xero or NetSuite is still the better fit.

Crypto subledger software syncing wallet and exchange data to QuickBooks Online and Xero Fintech & Business Banking

Best Crypto Accounting Software for QuickBooks and Xero (2027)

A CPA-led comparison of five crypto subledgers that sync to QuickBooks Online and Xero: pricing, integrations, security reports and what each means for your month-end close.