Insights & Tax Guidance
Practical, plain-English articles on tax, accounting, and running a smarter business, from Jason Brett, CPA.
Sales Tax Nexus Explained: When You Must Collect Sales Tax
Since the 2018 Wayfair decision, you can owe sales tax in states you never set foot in. Here is how economic nexus thresholds work and what to do.
Read Article →How to Start a Business the Right Way: Entity, EIN & Setup
Start your business the right way with a simple ordered checklist: choose an entity, register, get an EIN, open a business account,…
Read ArticleSmall Business Bookkeeping: A Guide to Clean Books
Clean books mean a calmer tax season and every deduction claimed. Here are the habits, the cash vs. accrual choice, and why…
Read ArticleIRS Notice or Back Taxes? Your Real Options for Resolving It
Got an IRS notice or unfiled back taxes? Here are your real options: payment plans, Offer in Compromise, penalty relief, and what…
Read ArticleCrypto Taxes Explained: Trading, Staking & DeFi (IRS Rules)
The IRS treats crypto as property, so most sells, trades, and rewards are taxable. Here is how trading, staking, and DeFi are…
Read ArticleYear-Round Tax Planning: Moves That Actually Lower Your Bill
Most people overpay because they only think about taxes in April. Here are the year-round strategies that legally lower your tax bill,…
Read ArticleS-Corp vs. LLC: When the S-Corp Election Saves You Money
An S-Corp is a tax election, not an entity. Learn how it cuts self-employment tax, the reasonable-salary rule, the real costs, and…
Read ArticleMulti-State Taxes for Remote Workers: How to Avoid Double Tax
Worked in more than one state? Here is how the resident credit prevents double taxation, when remote work creates a trap, and…
Read ArticleUS Taxes for Americans Abroad: FBAR, FATCA & Foreign Income
US citizens and green-card holders owe tax on worldwide income. Here is how FEIE, the Foreign Tax Credit, FBAR, and FATCA actually…
Read ArticleThe Home Office Deduction: Why Most People Either Skip It or Claim It Wrong
Every year I have the same conversation a few dozen times. A small business owner sits down with me, we go through…
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