The

Learning  Center 



DiMercurio Advisors - The Learning Center

    Recent Articles

    How do I qualify as a materially participating Real Estate Professional?

    Reviewed by Eli Sola | Published on Dec 16, 2025

    Business Tax Deductions and Credits
    Individual Deductions and Credits
    Federal Income Taxes

    Can I still contribute to a SEP IRA if I file a tax extension?

    Reviewed by John Kirkland | Published on Dec 15, 2025

    Federal Income Taxes

    How to Run Payroll Without Losing Sleep

    Reviewed by Sheila Welch | Published on Dec 12, 2025

    Employees, Contractors, Benefits and Payroll

    Florida Ends Sales Tax on Commercial Rentals: What You Need to Know

    Reviewed by Sheila Welch | Published on Dec 11, 2025

    Sales Tax

    How do I categorize my expenses in Xero?

    Reviewed by Janice Godin | Published on Dec 10, 2025

    Accounting Software

    What are the best write-offs for content creators?

    Reviewed by Daniel McGinley CPA | Published on Dec 09, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    Estimated Tax Payments: What Business Owners Need to Know

    Reviewed by Daniel McGinley CPA | Published on Dec 08, 2025

    Estimated Taxes

    Why Pre-tax Deductions Should be on Your Radar

    Reviewed by Sheila Welch | Published on Dec 05, 2025

    Employees, Contractors, Benefits and Payroll

    How to Handle Payroll with Remote Employees

    Reviewed by Sheila Welch | Published on Dec 04, 2025

    Employees, Contractors, Benefits and Payroll

    What do I do when I get a wage garnishment order?

    Reviewed by Sheila Welch | Published on Dec 03, 2025

    Employees, Contractors, Benefits and Payroll

    How the Augusta Rule Can Let You Rent Your Home Tax-Free

    Reviewed by John Kirkland | Published on Dec 02, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    What should I know about offering benefits to my employees?

    Reviewed by Sheila Welch | Published on Dec 01, 2025

    Employees, Contractors, Benefits and Payroll

    What do I need to know about keeping payroll records?

    Reviewed by Sheila Welch | Published on Nov 28, 2025

    Employees, Contractors, Benefits and Payroll

    How do I switch payroll systems?

    Reviewed by Sheila Welch | Published on Nov 27, 2025

    Employees, Contractors, Benefits and Payroll

    How to Handle Payroll When Converting Contractors to Employees

    Reviewed by Sheila Welch | Published on Nov 26, 2025

    Employees, Contractors, Benefits and Payroll

    Why is payroll so hard?

    Reviewed by Sheila Welch | Published on Nov 25, 2025

    Employees, Contractors, Benefits and Payroll

    How to Keep Payroll Costs Manageable

    Reviewed by Sheila Welch | Published on Nov 24, 2025

    Employees, Contractors, Benefits and Payroll

    How To Handle Payroll Forms

    Reviewed by Sheila Welch | Published on Nov 21, 2025

    Employees, Contractors, Benefits and Payroll

    How do I classify and pay workers?

    Reviewed by Sheila Welch | Published on Nov 20, 2025

    Employees, Contractors, Benefits and Payroll

    Form W-9: What Really Happens When You Hand One Over

    Reviewed by Sheila Welch | Published on Nov 19, 2025

    Employees, Contractors, Benefits and Payroll

    Why Small Business Owners Should Care About Salaried vs. Hourly Pay

    Reviewed by Sheila Welch | Published on Nov 18, 2025

    Employees, Contractors, Benefits and Payroll

    What should I do when my business partner and I disagree?

    Reviewed by Sheila Welch | Published on Nov 17, 2025

    Employees, Contractors, Benefits and Payroll

    What is a Small Business Health Options Program (SHOP)?

    Reviewed by Sheila Welch | Published on Nov 14, 2025

    Employees, Contractors, Benefits and Payroll

    What is the Augusta Rule?

    Reviewed by Nate Richards EA | Published on Nov 13, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    Can I write off depreciation or maintenance on my content equipment?

    Reviewed by Daniel McGinley CPA | Published on Nov 12, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    Payroll Taxes and Obligations: What You Need to Know

    Reviewed by Sheila Welch | Published on Nov 11, 2025

    Employees, Contractors, Benefits and Payroll

    How can I get my tax refund as quickly as possible?

    Reviewed by Nate Richards EA | Published on Nov 10, 2025

    Federal Income Taxes

    How do I transfer assets between myself and my business?

    Reviewed by John Kirkland | Published on Nov 07, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    What is nominee income?

    Reviewed by John Kirkland | Published on Nov 06, 2025

    Federal Income Taxes

    What is the Earned Income Credit (EIC)?

    Reviewed by Daniel McGinley CPA | Published on Nov 05, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    Should I use a third-party HR management service?

    Reviewed by Janice Godin | Published on Nov 04, 2025

    Employees, Contractors, Benefits and Payroll

    Maximizing Year-End Tax Breaks When Buying a Business Vehicle

    Reviewed by Daniel McGinley CPA | Published on Nov 03, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    How can my LLC maximize tax benefits from a business vehicle?

    Reviewed by Daniel McGinley CPA | Published on Oct 31, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    Is a CPA for my business worth it?

    Reviewed by Sheila Welch | Published on Oct 30, 2025

    Bookkeeping and Accounting Basics

    How to Calculate Net Pay

    Reviewed by Sheila Welch | Published on Oct 29, 2025

    Bookkeeping and Accounting Basics
    Employees, Contractors, Benefits and Payroll

    How Your Car Can Help You Save on Taxes

    Reviewed by Daniel McGinley CPA | Published on Oct 28, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    Florida Repeals Sales Tax on Commercial Rentals

    Reviewed by Janice Godin | Published on Oct 27, 2025

    Tax News
    Sales Tax

    Can I deduct medical expenses through my business?

    Reviewed by John Kirkland | Published on Oct 24, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    Protecting Yourself and Your Business from Tax Scams

    Reviewed by Nate Richards EA | Published on Oct 23, 2025

    Paying Your Income Taxes
    Federal Income Taxes

    Deductions for Home Office and Related Expenses

    Reviewed by Daniel McGinley CPA | Published on Oct 22, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    What to Know About Payroll When You Hire Your First Employee

    Reviewed by Sheila Welch | Published on Oct 21, 2025

    Employees, Contractors, Benefits and Payroll

    What does it mean to be self-employed?

    Reviewed by Daniel McGinley CPA | Published on Oct 20, 2025

    Employees, Contractors, Benefits and Payroll
    Federal Income Taxes

    Do I pay tax when I take money out of my S-Corp?

    Reviewed by Daniel McGinley CPA | Published on Oct 17, 2025

    Paying Your Income Taxes
    Federal Income Taxes

    Why should I track revenue by state?

    Reviewed by Daniel McGinley CPA | Published on Oct 16, 2025

    Bookkeeping and Accounting Basics
    Sales Tax
    State Income Taxes

    What is an inherited IRA?

    Reviewed by John Kirkland | Published on Oct 15, 2025

    Federal Income Taxes

    What is an accredited investor?

    Reviewed by Nate Richards EA | Published on Oct 14, 2025

    Cash Flow Management

    What happens if I don't pay federal taxes?

    Reviewed by Nate Richards EA | Published on Oct 13, 2025

    Paying Your Income Taxes
    Federal Income Taxes

    How do I know when (and who) to ask for business advice?

    Reviewed by John Kirkland | Published on Oct 10, 2025

    Financial Planning and Analysis
    Bookkeeping and Accounting Basics

    How the Taxpayer Advocate Service Can Help When the IRS Can’t

    Reviewed by Nate Richards EA | Published on Oct 09, 2025

    Federal Income Taxes

    Payroll for Seasonal and Part-Time Employees

    Reviewed by Sheila Welch | Published on Oct 08, 2025

    Employees, Contractors, Benefits and Payroll

    New Hire Payroll Checklist: What to Collect, File, and Report

    Reviewed by Sheila Welch | Published on Oct 07, 2025

    Employees, Contractors, Benefits and Payroll

    What should (and shouldn’t) go on a pay stub?

    Reviewed by Sheila Welch | Published on Oct 06, 2025

    Employees, Contractors, Benefits and Payroll

    What do I need to know about payroll audits?

    Reviewed by Sheila Welch | Published on Oct 03, 2025

    Employees, Contractors, Benefits and Payroll

    How to Do a Year-End Payroll Review

    Reviewed by Sheila Welch | Published on Oct 02, 2025

    Employees, Contractors, Benefits and Payroll

    What's the difference between repairs and capital improvements?

    Reviewed by John Kirkland | Published on Oct 01, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    What do I do if I didn't file my 1099s?

    Reviewed by Nate Richards EA | Published on Sep 30, 2025

    Employees, Contractors, Benefits and Payroll

    How to Cancel Your IRS Payment Plan After Amending Your Tax Return

    Reviewed by Nate Richards EA | Published on Sep 29, 2025

    Paying Your Income Taxes
    Federal Income Taxes

    How to Take Money Out of Your LLC

    Reviewed by Eli Sola | Published on Sep 26, 2025

    Cash Flow Management

    How to Structure a Real Estate Deal

    Reviewed by John Kirkland | Published on Sep 25, 2025

    Buying, Selling, or Merging Your Business

    How do penalties and interest on late taxes work?

    Reviewed by Nate Richards EA | Published on Sep 24, 2025

    Federal Income Taxes

    Someone Filed Taxes with My SSN: Now what?

    Reviewed by Sheila Welch | Published on Sep 23, 2025

    Federal Income Taxes

    Does my business need its own tax return?

    Reviewed by Daniel McGinley CPA | Published on Sep 22, 2025 | Updated on Sep 22, 2025

    Federal Income Taxes

    Everything You Need to Know About Capital Gains

    Reviewed by Daniel McGinley CPA | Published on Sep 19, 2025

    Federal Income Taxes

    What is considered reasonable cause for penalty abatement?

    Reviewed by Nate Richards EA | Published on Sep 18, 2025

    Federal Income Taxes

    Understanding Your State Tax Obligations

    Reviewed by Nate Richards EA | Published on Sep 17, 2025

    State Income Taxes

    Home Office Deductions: Actual Expenses vs Simplified Method

    Reviewed by Nate Richards EA | Published on Sep 16, 2025 | Updated on Sep 16, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    Paid your taxes but still got a notice?

    Reviewed by Nate Richards EA | Published on Sep 15, 2025 | Updated on Sep 15, 2025

    Paying Your Income Taxes

    Is it ever okay to tap retirement savings early?

    Reviewed by Nate Richards EA | Published on Sep 12, 2025

    Financial Planning and Analysis
    Federal Income Taxes

    ERC Claim Denied? What Actions You Can Take

    Reviewed by Nate Richards EA | Published on Sep 11, 2025 | Updated on Sep 11, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    Should I take my required minimum distribution (RMD) in-kind?

    Reviewed by John Kirkland | Published on Sep 10, 2025

    Financial Planning and Analysis
    Federal Income Taxes

    Should I elect S-Corporation status?

    Reviewed by Daniel McGinley CPA | Published on Sep 09, 2025 | Updated on Sep 9, 2025

    Federal Income Taxes

    Should I hire remote workers as independent contractors or employees?

    Reviewed by Nate Richards EA | Published on Sep 08, 2025

    Employees, Contractors, Benefits and Payroll

    What is a bank comfort letter?

    Reviewed by Nate Richards EA | Published on Sep 05, 2025 | Updated on Sep 5, 2025

    Financial Planning and Analysis

    What are the steps to amend my tax return?

    Reviewed by Nate Richards EA | Published on Sep 05, 2025 | Updated on Sep 5, 2025

    Federal Income Taxes

    How do tax deductions and credits work?

    Reviewed by Daniel McGinley CPA | Published on Sep 04, 2025

    Business Tax Deductions and Credits
    Individual Deductions and Credits
    Federal Income Taxes

    How to Keep Accounting Costs Under Control

    Reviewed by Sheila Welch | Published on Sep 04, 2025

    Financial Planning and Analysis
    Bookkeeping and Accounting Basics

    Can you deduct medical expenses if you are self-employed or an S-Corp owner?

    Reviewed by Nate Richards EA | Published on Sep 01, 2025 | Updated on Sep 1, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    State Tax Filing Requirements for Businesses

    Reviewed by John Kirkland | Published on Aug 29, 2025 | Updated on Aug 29, 2025

    State Income Taxes

    What are M-1 book and tax differences?

    Reviewed by Nate Richards EA | Published on Aug 28, 2025 | Updated on Aug 28, 2025

    Federal Income Taxes

    What Small Business Owners Need to Know About Offering Employee Benefits

    Reviewed by Sheila Welch | Published on Aug 27, 2025 | Updated on Aug 27, 2025

    Employees, Contractors, Benefits and Payroll

    How do I qualify as a Real Estate Professional?

    Reviewed by John Kirkland | Published on Aug 26, 2025 | Updated on Aug 26, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    How do I request a transcript of my tax return?

    Reviewed by Nate Richards EA | Published on Aug 25, 2025

    Federal Income Taxes

    How a 1031 Like-Kind Exchange Can Help You Defer Capital Gains Taxes

    Reviewed by John Kirkland | Published on Aug 23, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    Asset Sale vs. Stock Sale: What’s the right move for selling your business?

    Reviewed by John Kirkland | Published on Aug 23, 2025

    Buying, Selling, or Merging Your Business

    What does reconciliation mean in QuickBooks Online?

    Reviewed by Janice Godin | Published on Aug 20, 2025

    Bookkeeping and Accounting Basics

    What is a Flexible Spending Account?

    Reviewed by Daniel McGinley CPA | Published on Aug 19, 2025 | Updated on Aug 19, 2025

    Employees, Contractors, Benefits and Payroll
    Federal Income Taxes

    What happens to your tax deductions when you sell your home?

    Reviewed by Daniel McGinley CPA | Published on Aug 18, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    1099 vs W-2 Income: What You Need to Know

    Reviewed by Daniel McGinley CPA | Published on Aug 15, 2025 | Updated on Aug 15, 2025

    Employees, Contractors, Benefits and Payroll
    Federal Income Taxes

    What is self-employment tax?

    Reviewed by Daniel McGinley CPA | Published on Aug 14, 2025

    Federal Income Taxes

    Maximizing Your Home Office Deduction: What every remote worker and self-employed person should know

    Reviewed by Daniel McGinley CPA | Published on Aug 13, 2025 | Updated on Aug 13, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    If a vendor is paid through a credit card, do you have to issue a 1099?

    Reviewed by John Kirkland | Published on Aug 12, 2025

    Employees, Contractors, Benefits and Payroll

    What is the best bookkeeping software for my small business?

    Reviewed by Janice Godin | Published on Aug 11, 2025 | Updated on Aug 11, 2025

    Bookkeeping and Accounting Basics
    Accounting Software

    What is return on investment (ROI) and how do I figure it out?

    Reviewed by John Kirkland | Published on Aug 08, 2025

    Financial Planning and Analysis
    Bookkeeping and Accounting Basics

    What is an effective tax analysis?

    Reviewed by John Kirkland | Published on Aug 07, 2025

    Financial Planning and Analysis
    Federal Income Taxes

    What does renting my spare room mean for my taxes?

    Reviewed by Daniel McGinley CPA | Published on Aug 06, 2025 | Updated on Aug 6, 2025

    Federal Income Taxes

    What can I use my FSA on?

    Reviewed by Daniel McGinley CPA | Published on Aug 05, 2025 | Updated on Aug 5, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    What every business owner should know about crypto and taxes

    Reviewed by Daniel McGinley CPA | Published on Aug 04, 2025 | Updated on Aug 4, 2025

    Federal Income Taxes

    How do I read a general ledger?

    Reviewed by Janice Godin | Published on Aug 01, 2025 | Updated on Aug 1, 2025

    Bookkeeping and Accounting Basics
    Financial Statements

    How do I know I need to change my budget?

    Reviewed by Janice Godin | Published on Jul 31, 2025 | Updated on Jul 31, 2025

    Financial Planning and Analysis
    Bookkeeping and Accounting Basics

    How do I check my payment status with the IRS?

    Reviewed by Nate Richards EA | Published on Jul 30, 2025 | Updated on Jul 30, 2025

    Federal Income Taxes

    How do I change my name or address with the IRS?

    Reviewed by Nate Richards EA | Published on Jul 29, 2025 | Updated on Jul 29, 2025

    Federal Income Taxes

    Accountable Plans: The Smart, Tax-Savvy Way to Reimburse Employees

    Reviewed by Nate Richards EA | Published on Jul 28, 2025 | Updated on Jul 28, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    What is a backdoor Roth IRA?

    Reviewed by John Kirkland | Published on Jul 25, 2025 | Updated on Jul 25, 2025

    Employees, Contractors, Benefits and Payroll

    What qualifies for an HSA purchase?

    Reviewed by John Kirkland | Published on Jul 24, 2025 | Updated on Jul 24, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    What do I need to secure a loan?

    Reviewed by Janice Godin | Published on Jul 23, 2025

    Cash Flow Management
    Bookkeeping and Accounting Basics

    How much money should I be putting away for my retirement?

    Reviewed by John Kirkland | Published on Jul 22, 2025 | Updated on Jul 22, 2025

    Employees, Contractors, Benefits and Payroll

    Depreciation or immediate expensing: what’s the best choice for your business?

    Reviewed by Daniel McGinley CPA | Published on Jul 21, 2025 | Updated on Jul 21, 2025

    Bookkeeping and Accounting Basics
    Business Tax Deductions and Credits
    Federal Income Taxes

    What’s the difference between a 1099 and a W-2?

    Reviewed by Daniel McGinley CPA | Published on Jul 18, 2025

    Business Tax Deductions and Credits
    Individual Deductions and Credits
    Federal Income Taxes

    What does it mean to capitalize something?

    Reviewed by Janice Godin | Published on Jul 17, 2025 | Updated on Jul 17, 2025

    Bookkeeping and Accounting Basics
    Business Tax Deductions and Credits
    Federal Income Taxes

    Should I open a business credit card for expense tracking and credit building?

    Reviewed by Eli Sola | Published on Jul 16, 2025 | Updated on Jul 16, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    What is the Federal Unemployment Tax Act (FUTA)?

    Reviewed by Janice Godin | Published on Jul 15, 2025 | Updated on Jul 15, 2025

    Employees, Contractors, Benefits and Payroll

    What is the best forecasting software for small businesses?

    Reviewed by Janice Godin | Published on Jul 14, 2025 | Updated on Jul 14, 2025

    Financial Planning and Analysis
    Accounting Software

    What is an amortization schedule?

    Reviewed by Janice Godin | Published on Jul 11, 2025

    Bookkeeping and Accounting Basics

    What is amortization?

    Reviewed by Janice Godin | Published on Jul 10, 2025 | Updated on Jul 10, 2025

    Bookkeeping and Accounting Basics
    Business Tax Deductions and Credits
    Federal Income Taxes

    What is a holding company?

    Reviewed by John Kirkland | Published on Jul 09, 2025 | Updated on Jul 9, 2025

    Business Formation and Registration

    What's the difference between a hobby and a business?

    Reviewed by John Kirkland | Published on Jul 08, 2025 | Updated on Jul 8, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    How can you make your business finances work for you (not against you)?

    Reviewed by John Kirkland | Published on Jul 07, 2025

    Bookkeeping and Accounting Basics
    Business Tax Deductions and Credits
    Federal Income Taxes

    What tax benefits are included in the One Big Beautiful Bill Act?

    Reviewed by Sean DiMercurio CPA CGMA | Published on Jul 06, 2025 | Updated on Jul 8, 2025

    Tax News
    Business Tax Deductions and Credits
    Federal Income Taxes

    Should I turn my business into an S-corporation?

    Reviewed by John Kirkland | Published on Jul 04, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    How to Set Effective Goals for Your Business and Achieve Them

    Reviewed by Janice Godin | Published on Jul 03, 2025 | Updated on Jul 3, 2025

    Financial Planning and Analysis

    How to lower your taxes with installment sales

    Reviewed by John Kirkland | Published on Jul 02, 2025 | Updated on Jul 2, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    How can I tell if my business is healthy?

    Reviewed by Janice Godin | Published on Jul 01, 2025 | Updated on Jul 1, 2025

    Financial Planning and Analysis
    Bookkeeping and Accounting Basics

    Balance Sheet vs P&L: What goes where?

    Reviewed by Janice Godin | Published on Jun 30, 2025

    Bookkeeping and Accounting Basics
    Financial Statements

    Should I pay myself dividends or take owner distributions under my LLC?

    Reviewed by John Kirkland | Published on Jun 26, 2025 | Updated on Jun 26, 2025

    Employees, Contractors, Benefits and Payroll

    How does the Advance Premium Tax Credit (APTC) really work?

    Reviewed by John Kirkland | Published on Jun 25, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    What happens if you miss making an estimated quarterly tax payment?

    Reviewed by Daniel McGinley CPA | Published on Jun 23, 2025

    Paying Your Income Taxes
    Estimated Taxes

    The most overlooked tax deductions for LLCs (and how to claim them)

    Reviewed by John Kirkland | Published on Jun 23, 2025 | Updated on Jul 11, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    Can my LLC deduct camera equipment?

    Reviewed by Daniel McGinley CPA | Published on Jun 23, 2025 | Updated on Jun 23, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    When am I supposed to get my tax documents?

    Reviewed by John Kirkland | Published on Jun 19, 2025

    Federal Income Taxes

    How do you withdraw your business from a state?

    Reviewed by Janice Godin | Published on Jun 18, 2025

    Buying, Selling, or Merging Your Business

    How do I establish an installment agreement with the IRS?

    Reviewed by Nate Richards EA | Published on Jun 11, 2025

    Paying Your Income Taxes
    Federal Income Taxes

    What is adjusted gross income?

    Reviewed by John Kirkland | Published on Jun 11, 2025

    Federal Income Taxes

    Can I get out of paying penalties to the IRS?

    Reviewed by Nate Richards EA | Published on May 30, 2025

    Federal Income Taxes

    What is the small business stock exemption?

    Reviewed by John Kirkland | Published on May 30, 2025 | Updated on Jul 11, 2025

    Buying, Selling, or Merging Your Business
    Individual Deductions and Credits
    Federal Income Taxes

    When should I make an S-corp election?

    Reviewed by John Kirkland | Published on May 30, 2025

    Federal Income Taxes

    Would an S-Corp election for my LLC be beneficial for tax purposes?

    Reviewed by John Kirkland | Published on May 28, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    What is depreciation?

    Reviewed by John Kirkland | Published on May 23, 2025 | Updated on Jul 11, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    Do I need to keep a receipt of every lunch I have?

    Reviewed by John Kirkland | Published on May 23, 2025

    Bookkeeping and Accounting Basics
    Business Tax Deductions and Credits

    What is a like-kind exchange?

    Reviewed by John Kirkland | Published on May 21, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    How do I reconcile my account in QuickBooks Desktop?

    Reviewed by Janice Godin | Published on May 21, 2025

    Accounting Software

    How does the Tip Tax Credit work?

    Reviewed by John Kirkland | Published on May 19, 2025 | Updated on Jul 11, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    How do I reconcile my account in QuickBooks Online?

    Reviewed by Janice Godin | Published on May 19, 2025

    Accounting Software

    How do I reach a real person at the IRS?

    Reviewed by Nate Richards EA | Published on May 19, 2025

    Federal Income Taxes

    Why keep my books on an accrual basis but pay taxes on a cash basis?

    Reviewed by Nate Richards EA | Published on May 06, 2025

    Bookkeeping and Accounting Basics
    Business Tax Deductions and Credits
    Federal Income Taxes

    What is the Research and Development Credit?

    Reviewed by John Kirkland | Published on May 06, 2025 | Updated on Jul 11, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    What is bonus depreciation?

    Reviewed by John Kirkland | Published on May 06, 2025 | Updated on Jul 7, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    QuickBooks vs. Xero: Which Accounting Software is Right for My Business?

    Reviewed by Janice Godin | Published on May 06, 2025

    Accounting Software

    What expenses can I incur when starting a new business?

    Reviewed by Sheila Welch | Published on May 06, 2025

    Business Formation and Registration

    What is a materially participating real estate professional?

    Reviewed by Eli Sola | Published on Apr 28, 2025

    Business Tax Deductions and Credits
    Individual Deductions and Credits
    Federal Income Taxes

    I didn't receive a 1099-NEC, do I still owe tax on that income?

    Reviewed by John Kirkland | Published on Apr 28, 2025

    Employees, Contractors, Benefits and Payroll
    Federal Income Taxes

    How is my income taxed?

    Reviewed by Daniel McGinley CPA | Published on Apr 28, 2025

    Federal Income Taxes

    How do I export my financials from QuickBooks?

    Reviewed by Janice Godin | Published on Apr 28, 2025

    Accounting Software

    What type of bookkeeper should I hire for my business?

    Reviewed by Janice Godin | Published on Apr 25, 2025

    Bookkeeping and Accounting Basics

    What is the Kiddie Tax?

    Reviewed by John Kirkland | Published on Apr 25, 2025

    Federal Income Taxes

    What is an accounting diagnostic and why is it important?

    Reviewed by Sheila Welch | Published on Apr 25, 2025

    Financial Planning and Analysis

    What is a W-3 and why is my CPA asking for it?

    Reviewed by John Kirkland | Published on Apr 25, 2025

    Federal Income Taxes

    What happens if I lose my 1095-A?

    Reviewed by Daniel McGinley CPA | Published on Apr 25, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    Oh no! I gave the IRS the wrong deposit info! What now?

    Reviewed by Nate Richards EA | Published on Apr 25, 2025

    Federal Income Taxes

    What can I write off as a content creator?

    Reviewed by Daniel McGinley CPA | Published on Apr 25, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    I filed my tax return, but the IRS says they didn't receive it - what now?

    Reviewed by Nate Richards EA | Published on Apr 25, 2025

    Federal Income Taxes

    How does a 1031 exchange work?

    Reviewed by John Kirkland | Published on Apr 25, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    How do I pull my payroll report from Gusto?

    Reviewed by Janice Godin | Published on Apr 25, 2025

    Accounting Software
    Employees, Contractors, Benefits and Payroll

    How do I export my financials from Xero?

    Reviewed by Janice Godin | Published on Apr 25, 2025

    Accounting Software

    How do I apply for an ITIN?

    Reviewed by Nate Richards EA | Published on Apr 25, 2025

    Federal Income Taxes

    Do I need to file F-1120?

    Reviewed by John Kirkland | Published on Apr 25, 2025

    State Income Taxes

    How do I track my mileage?

    Reviewed by John Kirkland | Published on Apr 25, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    What is an Identity Protection PIN?

    Reviewed by Nate Richards EA | Published on Apr 25, 2025

    Federal Income Taxes

    How can I get my tax return done as quickly as possible?

    Reviewed by Sheila Welch | Published on Apr 23, 2025

    Federal Income Taxes

    Why do I need a bookkeeper?

    Reviewed by Janice Godin | Published on Apr 23, 2025

    Bookkeeping and Accounting Basics

    What is the Delaware Franchise Tax Filing?

    Reviewed by Daniel McGinley CPA | Published on Apr 23, 2025

    Sales Tax
    State Income Taxes

    What does an accountant do?

    Reviewed by Sheila Welch | Published on Apr 23, 2025

    Bookkeeping and Accounting Basics

    Why aren't my loans showing up on my P&L?

    Reviewed by Janice Godin | Published on Apr 23, 2025

    Bookkeeping and Accounting Basics
    Financial Statements

    Who should I pick as my trustee?

    Reviewed by Sean DiMercurio CPA CGMA | Published on Apr 23, 2025

    Trusts, Wills, Gifts and Estate Planning

    What do I do if I lost my IRS IP PIN?

    Reviewed by Nate Richards EA | Published on Apr 23, 2025

    Federal Income Taxes

    Should I invest in accounting strategy or tax strategy?

    Reviewed by Sheila Welch | Published on Apr 23, 2025

    Bookkeeping and Accounting Basics
    Business Tax Deductions and Credits
    Federal Income Taxes

    How do I track my tax refund?

    Reviewed by Nate Richards EA | Published on Apr 23, 2025

    Federal Income Taxes

    How can I deduct my vacation as a business owner?

    Reviewed by John Kirkland | Published on Apr 23, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    I made a payment mistake with the IRS. How do I fix it?

    Reviewed by Nate Richards EA | Published on Apr 14, 2025

    Federal Income Taxes

    Why is my CPA asking for my prior year tax return?

    Reviewed by Sean DiMercurio CPA CGMA | Published on Apr 14, 2025

    Federal Income Taxes

    What is a pass-through entity?

    Reviewed by Sean DiMercurio CPA CGMA | Published on Apr 11, 2025

    Federal Income Taxes

    What is a Health Savings Account?

    Reviewed by John Kirkland | Published on Apr 11, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    If I paid my contractor with Zelle, do I still need to send them a 1099-NEC?

    Reviewed by John Kirkland | Published on Mar 28, 2025

    Employees, Contractors, Benefits and Payroll
    Federal Income Taxes

    How do I get an Identity Protection PIN?

    Reviewed by Nate Richards EA | Published on Mar 28, 2025

    Federal Income Taxes

    Compilation vs. Review vs. Audit: What Small Business Owners Need to Know

    Reviewed by Sean DiMercurio CPA CGMA | Published on Mar 28, 2025

    Bookkeeping and Accounting Basics
    Financial Statements

    What is Form SSA-1099?

    Reviewed by John Kirkland | Published on Mar 21, 2025

    Tax Form Library

    What is FL Form F-7004?

    Reviewed by John Kirkland | Published on Mar 21, 2025

    Tax Form Library

    What is FL Form F-1120?

    Reviewed by John Kirkland | Published on Mar 21, 2025

    Tax Form Library

    What is FL Form F-1065?

    Reviewed by John Kirkland | Published on Mar 21, 2025 | Updated on Mar 21, 2025

    Tax Form Library

    What is Section 179?

    Reviewed by John Kirkland | Published on Mar 14, 2025 | Updated on Jul 7, 2025

    Business Tax Deductions and Credits
    Federal Income Taxes

    When should I get a bookkeeper?

    Reviewed by Sheila Welch | Published on Mar 14, 2025

    Bookkeeping and Accounting Basics

    What is an operating agreement?

    Reviewed by Sheila Welch | Published on Mar 08, 2025

    Business Formation and Registration

    What does a CPA charge extra for?

    Reviewed by Sheila Welch | Published on Mar 08, 2025 | Updated on Mar 8, 2025

    Financial Planning and Analysis
    Working with DiMercurio Advisors
    Federal Income Taxes

    How can I protect myself when entering a new business partnership?

    Reviewed by Sheila Welch | Published on Mar 08, 2025 | Updated on Mar 8, 2025

    Business Formation and Registration

    What is enhanced reporting and how can it help my business grow?

    Reviewed by Janice Godin | Published on Feb 28, 2025

    Financial Planning and Analysis
    Financial Statements

    What is the Home Office Deduction?

    Reviewed by John Kirkland | Published on Feb 17, 2025

    Individual Deductions and Credits
    Federal Income Taxes

    What is the best budgeting software?

    Reviewed by Janice Godin | Published on Feb 17, 2025

    Financial Planning and Analysis
    Accounting Software

    What is GAAP?

    Reviewed by Janice Godin | Published on Feb 17, 2025

    Bookkeeping and Accounting Basics

    Is QuickBooks enough?

    Reviewed by Janice Godin | Published on Feb 07, 2025

    Accounting Software
    Working in QuickBooks Online

    What is a Certificate of Good Standing?

    Reviewed by Sheila Welch | Published on Feb 07, 2025

    State Income Taxes

    What is an annual report?

    Reviewed by Sheila Welch | Published on Feb 07, 2025

    Business Formation and Registration