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IRS news, Schedule C updates, and bookkeeping tips for small business owners.
The IRS Business Tax Account Just Got Bigger — Here's What It Means for You
The IRS expanded its Business Tax Account to partnerships, tax-exempt organizations, and government entities. Here's how the upgraded online portal helps small business owners and self-employed taxpayers handle the IRS without the paper and the phone calls.
Read article →Opportunity Zones 2.0: What the New IRS Nomination Guidance Means for 2027
Treasury and the IRS released IR-2026-45 and Revenue Procedure 2026-14, kicking off the first round of Qualified Opportunity Zone designations under the now-permanent OZ program. Here's what self-employed taxpayers and small business owners should know.
Read article →4 Million Children Enrolled in Trump Accounts — What Self-Employed Parents Should Know
The IRS announced that more than 4 million children have been signed up for Trump Accounts, with over 1 million claiming the $1,000 pilot program contribution. Here's what these new tax-advantaged accounts mean for Schedule C filers and small business owners.
Read article →IRS Schedule C: What You Need to Know for 2026
A comprehensive guide to filing your Schedule C for the 2026 tax season, including key changes and common mistakes to avoid.
Read article →5 Bookkeeping Tips Every Small Business Owner Should Know
Essential bookkeeping practices that will keep your finances organized and your business running smoothly.
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