Qualified Small Business Stock: A Tax Break Worth Knowing About

Qualified Small Business Stock: A Tax Break Worth Knowing About If you’ve started a company, joined an early stage startup, or invested as an angel, there’s a decent chance you’re sitting on one of the most generous tax breaks in the entire code and don’t even know it. It’s called Qualified Small Business Stock (QSBS), […]

What a Disregarded Entity Actually Means for Your Taxes

What a Disregarded Entity Actually Means for Your Taxes If you’ve set up a single member LLC, you’ve probably heard the term “disregarded entity” thrown around, usually without much explanation. Here’s what it actually means and why it matters. The Default Rule By default, the IRS doesn’t treat a single member LLC as separate from […]

1099 Rules Are Changing: What Every Small Business Owner Needs to Know

1099 Rules Are Changing: What Every Small Business Owner Needs to Know Selecting the right business structure is only half the battle; understanding how each entity interacts with the IRS is critical for maintaining compliance and avoiding costly penalties. Building on our guide to Setting up a Business in the USA, this overview breaks down […]