Small business bookkeeping and tax blog
Practical bookkeeping, accounting, and tax strategy insights for small business owners.
Reasonable Salary for an S-Corp Owner: How to Set Yours
How to set a reasonable salary as an S-corp owner: what the IRS looks at, two methods that hold up, a worked example, and what happens if you pay too little.
Form 2553: How to File the S-Corp Election (2027 Deadline)
How to fill out and file Form 2553 to make your LLC an S-corp: who signs, the March 15, 2027 deadline, where to fax or mail it, and what to do if you're late.
Bookkeeping vs Accounting vs Tax Prep: What's Different?
Bookkeeping records transactions, accounting turns them into reports and decisions, and tax prep files your returns. What each does and when you need it.
How Much Does Bookkeeping Cost for a Small Business?
What small business bookkeeping costs in 2026, what drives the price, and how DIY software, freelancers, online services and CPA firms compare.
LLC vs S-Corp: When the S-Corp Election Saves You Money
LLC vs S-corp taxes, compared: when an S-corp election saves an LLC owner money, the self-employment tax math, what it costs to run, and the 2027 deadline.
Small Business Tax Deadlines for 2027 (Tax Year 2026)
Every federal tax deadline a US small business owner needs for the 2027 filing season: estimated taxes, 1099s and W-2s, S-corp, partnership and 1040 returns.