S-Corp
S Corps 101
Learn how to maximize your tax savings and why every small business should consider an S Corp. Download free checklists and templates.
Finance & Tax Blog for Entrepreneurs
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bookkeeping
How to Create an Efficient Monthly Accounting Process for Your Small Business or Startup
Simplify your monthly close with our step-by-step guide. Learn how small business owners can build a more efficient accounting process today.
Igor Tutelman, CPA
Sep 26, 2024
S-Corp
LLC vs S Corp: Which One is Right for my Business?
Compare LLC and S Corp structures to find the best fit for your business. Understand tax benefits, liability, and compliance.
Igor Tutelman, CPA
Aug 24, 2024
LLC
How to set up an LLC
Learn how to set up an LLC in 3 simple steps—from state registration to federal compliance. Protect your assets and launch your business with...
Igor Tutelman, CPA
Aug 24, 2024
tax
What is reasonable compensation?
Understand how to determine reasonable compensation for S Corp owners. Avoid IRS penalties by setting the right salary.
Igor Tutelman, CPA
Aug 24, 2024
S-Corp
How to set up an S Corp
Learn how to set up an S Corp step by step—from registration to IRS filing. Maximize tax benefits and protect your business.
Igor Tutelman, CPA
Aug 24, 2024
tax
What is an Accountable Plan?
Learn how an IRS-compliant accountable plan can provide tax-free reimbursements and reduce payroll taxes. Discover setup steps and key compliance...
Igor Tutelman, CPA
Aug 24, 2024
tax
The Tax Advantages of Starting a Business
Explore how starting a business can unlock tax benefits like deductions, retirement savings, and healthcare write-offs. Learn how to maximize your...
Igor Tutelman, CPA
Aug 24, 2024
tax
What is the difference between a hobby and a business?
Learn how the IRS distinguishes hobbies from businesses and what it means for your taxes. Discover key factors and tips to stay compliant.
Igor Tutelman, CPA
Aug 24, 2024
tax
How is an LLC taxed?
Understand how LLCs are taxed—whether as sole proprietorships, partnerships, or corporations. Learn how to choose the best tax strategy for your...
Igor Tutelman, CPA
Aug 24, 2024
education
Use a 529 Plan to help your kids save for school, retirement & their first home
How to use a 529 Plan to help your kids save for school, retirement, and their first home purchase
Igor Tutelman, CPA
Aug 24, 2024
tax
Common Questions About Medical Expenses: Nutrition, Wellness & Health
Common Questions About Medical Expenses: Nutrition, Wellness, and General Health
Igor Tutelman, CPA
Aug 24, 2024
tax
What Should I Do if I Receive Form 1099-K?
Received a Form 1099-K? Learn how to verify its accuracy, report income correctly, and handle errors to stay compliant with IRS guidelines.
Igor Tutelman, CPA
Aug 24, 2024
tax
What Do I Do If I Can't Pay My Tax Bill?
Facing a tax bill you can't pay? Learn how to set up IRS payment plans, request an Offer in Compromise, or seek penalty relief.
Igor Tutelman, CPA
Aug 24, 2024
tax
Who Qualifies as a Dependent?
Learn who you can claim as a dependent—from children to relatives and household members. Maximize your tax benefits with Iota Finance's expert...
Igor Tutelman, CPA
Aug 24, 2024
tax
What is the Small Business Health Care Tax Credit?
Discover how the Small Business Health Care Tax Credit can help you offset employee insurance costs. Learn eligibility criteria and how to apply.
Igor Tutelman, CPA
Aug 24, 2024
tax
Prevent Tax Return Errors and Expedite Refunds with These Steps
Avoid common tax filing mistakes and get your refund faster. Follow these expert-backed steps to file accurately and on time with Iota Finance.
Igor Tutelman, CPA
Aug 24, 2024
tax
Do I need to make quarterly estimated tax payments?
Find out if you need to make quarterly estimated tax payments. Learn who qualifies, how to calculate payments, and avoid IRS penalties.
Igor Tutelman, CPA
Aug 24, 2024
tax
What are the IRS "Dirty Dozen" and how can you avoid them?
What are the IRS "Dirty Dozen" & how can you avoid them? These schemes are designed to trick taxpayers into giving away personal information or money.
Igor Tutelman, CPA
Aug 24, 2024
bookkeeping
What is Bookkeeping?
Bookkeeping is the process of recording transactions of a business & analyzing financial records to ensure that a business is operating effectively.
Igor Tutelman, CPA
Aug 24, 2024
tax
Do Entrepreneurs Pay Taxes?
Stay informed with tax deadlines for individuals and businesses in this comprehensive guide by CPA Igor Tutelman.
Igor Tutelman, CPA
Aug 24, 2024
tax
How to file taxes as a Freelancer
Discover the tax deadlines and FAQs for individuals and businesses in this informative post by CPA Igor Tutelman.
Igor Tutelman, CPA
Aug 24, 2024
tax
Benefits of Filing an Extension
Filing a tax extension can buy you time and reduce errors. Learn when and why it makes sense—and how to do it the right way with Iota Finance.
Igor Tutelman, CPA
Aug 24, 2024
tax
What are Small Business Tax Deductions?
Maximize your savings with this guide to small business tax deductions. Learn what qualifies and how to make the most of each deduction.
Igor Tutelman, CPA
Aug 24, 2024
tax
529 Qualified Expenses: What can you use Leftover 529 Money for?
Learn about 529 qualified expenses and how to utilize leftover funds, along with key 2024 tax deadlines for individuals and businesses.
Igor Tutelman, CPA
Aug 24, 2024
tax
How to maximize your tax savings with the home office tax deduction
Maximize tax savings with home office deduction tips and 2024 tax deadlines for individuals and businesses by CPA Igor Tutelman.
Igor Tutelman, CPA
Aug 24, 2024
education
8 ways to use leftover 529 funds
Discover 8 smart ways to repurpose unused 529 funds—from paying student loans to funding your own education. Learn how to make the most of your...
Igor Tutelman, CPA
Aug 24, 2024
tax
How is Cryptocurrency Taxed?
Learn about the taxation of cryptocurrency in 2024, including key deadlines and FAQs for individuals and businesses.
Igor Tutelman, CPA
Aug 24, 2024
tax
How to use the Augusta Rule to maximize your business write-offs
Discover how to leverage the Augusta Rule to earn tax-free income by renting your home to your business. Learn the steps to implement this strategy.
Igor Tutelman, CPA
Aug 24, 2024
tax
2024 Tax Deadlines: Key Deadlines and FAQs for Individuals and Businesses
2024 Tax Deadlines: Key Deadlines and FAQs for Individuals and Businesses
Igor Tutelman, CPA
Aug 24, 2024
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