Hiring Your Kids in Your Business
Hiring your child for legitimate, age-appropriate work can provide tax benefits when wages and records are handled properly.
Tax insights
Ideas and updates for confident decisions
Clear explanations of tax compliance, strategy, real estate, and business topics.
All articlesTax ComplianceTax StrategyRental Real EstateEntity Setup
STR Loophole
How short-term rental losses may offset ordinary income when the average stay and material-participation rules are met.
One Big Beautiful Bill: What It Means for You
Key individual and small-business provisions of the federal legislation signed July 4, 2025.
W-2 Employee v. 1099 Independent Contractor
The practical differences between employees and independent contractors, including control, benefits, withholding, and payroll taxes.
Progressive Tax System
A plain-language explanation of how U.S. tax brackets apply only to income within each bracket.
Should I Set Up an LLC for My New Business?
The liability, tax, operational, and credibility considerations behind forming an LLC.
Mid-Year Tax Withholding Checkup
A mid-year review can prevent a surprise tax bill or excessive withholding after major life changes.