Business Tax Solutions Inc

10/20/2025

The home office deduction can significantly reduce taxable income for those working from home. Eligible expenses include a portion of rent, utilities, and even internet costs, making it a smart financial move for many self-employed individuals.

07/27/2023

Attended the National Association of Tax Professionals (NATP) tax conference in San Antonio. We obtained excellent tax information to help my real estate clients. Great event and awesome networking opportunity.

12/29/2022

Tax update:

The has announced that the $600 reporting threshold for money transfer apps (CashApp, Paypal, Venmo, Zelle, and etc) will not go into effect for the 2023 filing season. As a result, these companies will not be required to report transactions on a Form 1099-K, Payment Card and Third Party Network Transactions, when they exceed the $600 threshold amount enacted as part of the American Rescue Plan Act of 2021.

11/11/2022

If you receive $600 or more payments for goods and services through a third-party payment app, such as Venmo, or CashApp, these payments will now be reported to the . Read our articule for more details. Business owners MUST read before you file 1099s to independent contractors.

If you receive $600 or more payments for goods and services through a third-party payment app, such as Venmo, or CashApp, these payments will now be reported to the . Effective Jan.

09/15/2022

Today is the final day to file extended partnership and S-corp returns. Extended personal returns, as well as extended calendar year regular C corporation returns are due Monday, Oct. 17, since Oct. 15 falls on a weekend. There is no provision for additional extensions beyond those mentioned.

09/07/2022

Si no sabes cómo emprender un negocio en Estados Unidos / USA, aquí te explicamos de manera breve todo lo que debes de saber y las facilidades que te proporc...

01/19/2022

If you are a business make sure you request W9s from your vendors so that you can issue 1099s. Deadline is January 31st.

01/17/2022

We help business owners with taxes and finances. Message us for a free consultation. Services available online or in person.

01/11/2022

January 2022 business deadline

E-file the following by January 31, 2022.
- 1099s
- W2s
- Form 940 & 941

01/10/2022

This month the will send letter "6419" with the total amount of advance child tax credit payments received in 2021. You should keep this and forward a copy to your tax professional.

Individuals can also create or log in to IRS.gov online account to securely access their child tax credit payment amounts.

08/28/2021

DM me for more info on LLCs and taxes.