by Catrina M. Craft | Jan 25, 2026
If you run a business, you’ve probably heard this advice before:“Just get an LLC.”So you did. But here’s the truth most business owners don’t find out until later. An LLC by itself is not a tax strategy, and it’s not a federal entity. An LLC is a state-level legal...
by Catrina M. Craft | Jan 19, 2026
Most business owners working from home either don’t take the home office deduction — or they take it wrong. And it usually comes down to a few bad assumptions. Let’s clear them up. 1. “I need a separate room for my office.” Nope. The IRS doesn’t require a full room....
by Catrina M. Craft | Jan 19, 2026
Most business owners working from home either don’t take the home office deduction — or they take it wrong. And it usually comes down to a few bad assumptions. Let’s clear them up. 1. “I need a separate room for my office.” Nope. The IRS doesn’t require a full room....
by Catrina M. Craft | Jan 12, 2026
If you’re running a successful agency, chances are you’re missing out on one of the most overlooked tax strategies out there, and it might be sitting across the dinner table. Yes, you can hire your child.Yes, it’s legal.Yes, the IRS approves, if you do it right....
by Catrina M. Craft | Jan 5, 2026
If you paid anyone $600 or more for services in your business in 2025, the IRS expects a 1099-NEC by January 31, 2026. That includes VAs, contractors, freelancers, consultants, and yes, even lawyers. Miss that deadline? You’re staring down $60 to $630+ per form in...
