How to Correctly Pay Yourself and Take Cash from Your Business in 2025

February 14, 2025

Many small business owners ask, “Should I put myself on the payroll?” The answer isn’t simple. Whether you are looking to maximize your qualified business income (QBI) deduction or take advantage of employee fringe benefits, incorrectly paying yourself wages can cause serious issues. In this article, we walk through the different ways the tax code…

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Maximize Tax Savings: Deduct Heavy Vehicles & Home Offices in 2025

February 7, 2025

As a small-business owner, you can set yourself up for some generous tax breaks by knowing a few vehicle and home-office deduction rules. And if you operate as other than a C corporation, you will realize the tax breaks on your personal tax return. If you operate as a C corporation, the C corporation gets…

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