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The Entrepreneur’s Guide to Tax Write-Offs

January 28, 2022

Business owners experience many perks, such as boosting your tax refund while lowering your taxable income with write-offs. The IRS allows businesses to deduct expenses that qualify as "ordinary and necessary" to reduce taxable income, thus saving your business money at tax time.   Before we get into what you’re able to write off, you must first understand what a write-off is and h...

A Step-by-Step Guide to Payroll Taxes

January 21, 2022

In addition to paying their employees, business owners must oversee key aspects of their tax obligations. Managing this task can be difficult, but with proper guidance, it becomes easier. Once you hire your first employee, you are responsible for payroll taxes. Payroll taxes refers to all taxes paid on the wages of your employees. You will be required to deduct a portion of employee wages to pay c...

How Do Corporate Income Taxes Work?

January 14, 2022

Unique from any other business structure, corporations are the only type responsible for paying their own income taxes. With this being true, how does it work, and how do business owners ever profit from structuring as a corporation? To answer these, you must first understand the different types of corporations and their tax structure. C-Corporation vs. S-Corporation A C-Corporation is what most p...

A Complete Guide to LLC Taxes

January 7, 2022

The business structure you choose has a significant impact on the amount of taxes you will pay. Therefore, choosing a business structure that meets your needs while limiting your tax responsibilities is one of the most vital tasks you face as a business owner. An LLC (Limited Liability Company) is a popular choice among business owners since it provides personal liability protection, which protect...

Is Real Estate Crowdfunding a Solid Investment?

December 27, 2021

Real estate crowdfunding has allowed investors to tap into a market that otherwise would have remained unreachable. Despite being a relatively new concept in real estate investing, crowdfunding is rising in popularity among investors who want to get into pricier commercial real estate investments, such as office buildings in major cities, but lack the millionaire status to make it happen. To deter...

Choosing a Business Credit Card: Annual Fee or No Annual Fee?

December 20, 2021

Considering the abundance of business credit cards available without annual fees, it might seem counterintuitive to pay for the use of a credit card. Annual fees can give business owners many opportunities to save money on everyday expenses and offer perks and benefits worth more than the cost of ownership. To decide if a business credit card with an annual fee is right for you, Fund&Grow advi...


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