The path can get foggy sometimes…
a guide can help.
Disclaimer: All blog posts and articles are for educational purposes only. No content should be considered as tax advice to you. You know when you are receiving specific tax advice from Pathway CPA Group LLC when you are an engaged client through an active Engagement Agreement. Always seek tax guidance for your specific scenario from a knowledgeable CPA or tax preparer.
Overview of 105-HRA
The 105-HRA presents a compelling opportunity for business owners with a single employee to convert personal medical expenses into deductible business expenses.
The IRS Annual Dirty Dozen List
For over 20 years, the IRS has issued an annual Dirty Dozen list identifying tax scams and avoidance schemes.
IRS’s new Form 1099-K reporting rules.
Do you sell goods or services and receive payment through a third-party settlement organization (TPSO)? If so, you must know the IRS’s new Form 1099-K reporting rules.
The Corporate Transparency Act (CTA) is upon us.
The Corporate Transparency Act (CTA) is upon us. It took effect on January 1, 2024, and imposes a new federal filing requirement for most corporations, limited liability companies (LLCs), and other business entities.
Health insurance deductions for S-Corp businesses
If you own more than 2 percent of an S corporation and provide health insurance coverage, there are three steps you need to follow to claim a deduction…
Do You Need to Add Users in QuickBooks Online?
QuickBooks Online allows you to give multiple users access to your account. Here’s how to set them up.
Why You Should Be Using Tags in QuickBooks Online, and How to Create Them.
Why You Should Be Using Tags in QuickBooks Online, and How to Create Them.
Alert: A Massive New FinCEN Filing Requirement Is Coming
Alert: A Massive New FinCEN Filing Requirement Is Coming
Should You Consider Claiming the Home Office Deduction?
Working from home has become much more commonplace in recent years. Does your home office qualify for a tax deduction?
Increase Your Tax Deductions Using the Business-Mileage Rule
With a little knowledge, you may be able to turn those “commuting” miles into deductible Business Miles.
How QuickBooks Online Helps You Track Mileage
Not sure of the best way to track your business miles? Consider this…
Do I really need to keep books for my new business?
Small business entrepreneurs juggle a lot each day. So much energy is expended setting up operations, finding clients, managing those new clients, marketing, networking, actually doing the work, etc.…what small business owner has time to keep up with the bookkeeping?!
4 Good Reasons to Outsource Your Bookkeeping
You, like many other small business owners, might be asking yourself, “Why in the world would I pay someone to manage my books when I can just do it myself?”