My wife and I own a business registered as a C Corp. We have a formal office as well as an office in the basement of our home. During the pandemic, we transitioned to a mostly work-from-home setup and have continued to do 99% of our business from there. We would like to do some improvements on the basement to make it more 'workable' (paint, new carpet, etc.). Can these be categorized as business expenses on our books even though it is in our home, or would we need to pay for this through a payroll expenditure (i.e., give ourselves a bonus and pay for the repairs that way)?

November 9th, 2024

I have a complex tax situation this year as I was a W2 employee, then transitioned to an LLC, and finally to an S Corporation. I am also a 1099 employee through another company. I'm unsure how to handle my taxes, especially determining a reasonable salary for myself as an S Corporation employee. How should I approach filing my taxes and determining my salary?

March 7th, 2024

I received a tax refund from the IRS, but the name on the check was misspelled. What should I do to correct this issue?

September 15th, 2023

I received a card in the mail for my deceased parents, Don and Gloria, who passed away in 2020 and 2021. I need to deactivate this account. Can you help me with the process?

October 10th, 2023

If I have mailed in the SS8 Form to the IRS and am waiting for results, but I qualify to be a 1099 employer, can I switch all of my employees over to 1099? Do I have to wait for the results of the SS8 form? All of my employees function as independent contractors and it would save me a great deal of money to switch over to 1099.

August 9th, 2023