Blog articles about finance, HR, and tax

What Can I Write Off on My Taxes? 2026 Self-Employed Guide

What can I write off on my taxes? That is the top question every tax season. Most self-employed workers leave hundreds or even thousands of dollars on the table. The IRS... Read More

By Samantha Clark

Apr. 17, 26

What Is Tax Withholding? Allowances, W-4, and Taxes Explained

Tax

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What Is Tax Withholding? Allowances, W-4, and Taxes Explained

Every payday, a portion of your earnings disappears before you ever see it. That's withholding at work. In the United States, employers deduct federal, state, and local... Read More

By James Wilson

Apr. 17, 26

IRS Form 8832: LLC Entity Classification Election Guide (2026)

Tax

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IRS Form 8832: LLC Entity Classification Election Guide (2026)

When you form an LLC, the IRS doesn't let you pick how you're taxed. It assigns a default tax status based on your business structure. For many small business owners,... Read More

By Samantha Clark

Apr. 16, 26

What Is Form 1120S? A Complete Guide to S-Corp Tax Returns

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What Is Form 1120S? A Complete Guide to S-Corp Tax Returns

Every S corporation has a tax obligation to the IRS, just not in the way most people expect. Unlike a C corporation that pays taxes at the entity level, an S corporation... Read More

By James Wilson

Apr. 16, 26

Form 5498-SA: What It Is and What To Do With It (2026)

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Form 5498-SA: What It Is and What To Do With It (2026)

Every spring, millions of people with health savings accounts receive an IRS document they weren't expecting. This is the Form 5498-SA. Unlike a W-2 or a 1099, you don't... Read More

By Samantha Clark

Apr. 15, 26

Federal Minimum Wage 2024: State Rates, Exemptions & Annual Pay

Finance

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Federal Minimum Wage 2024: State Rates, Exemptions & Annual Pay

The federal minimum wage has been $7.25 per hour since July 24, 2009, now more than 15 years without a single federal increase. The federal minimum wage 2024 looked the same... Read More

By James Wilson

Apr. 15, 26

What Is a 1099 SA Form? HSA Distribution Guide (2026)

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What Is a 1099 SA Form? HSA Distribution Guide (2026)

If your HSA provider just sent you a Form 1099-SA this tax season, you're not alone. Millions of Americans get this form every year, yet most aren't sure what it... Read More

By Samantha Clark

Apr. 14, 26

Form 2553 Instructions: S Corp Election Guide (2026)

Tax

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Form 2553 Instructions: S Corp Election Guide (2026)

Filing Form 2553 is how eligible businesses elect S corporation tax status, and the deadline is strict. In this guide, you'll learn what Form 2553 is, who qualifies,... Read More

By James Wilson

Apr. 14, 26

ERC Tax Credit: What It Is, Who Qualifies & 2026 Status

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ERC Tax Credit: What It Is, Who Qualifies & 2026 Status

The ERC tax credit gave eligible businesses one of the biggest payroll tax breaks in recent U.S. history. At its peak, employers could claim up to $26,000 per employee. That... Read More

By Samantha Clark

Apr. 14, 26

Schedule K-1 Instructions: What It Is and How To File (2026)

Tax

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Schedule K-1 Instructions: What It Is and How To File (2026)

More than 40 million Americans receive a Schedule K-1 each year. If you own a stake in an LLC, S-corp, or trust, this form is part of your tax picture. The IRS Schedule K-1... Read More

By Samantha Clark

Apr. 13, 26

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