by Blue Horizon Tax Advisors | Nov 21, 2025 | Uncategorized
Key Takeaways Your business can give back and receive tax benefits if the donation is correctly structured and documented. Charitable contributions to qualified 501(c)(3) organizations can be deductible, but how you claim the deduction depends on your business...
by Blue Horizon Tax Advisors | Nov 4, 2025 | Uncategorized
Key Takeaways Profit doesn’t equal liquidity: You can look great on paper (i.e., profitable) and still run out of cash. Year-end cash flow management is about accelerating what comes in and strategically optimizing (delaying) what goes out (legally, of...
by Blue Horizon Tax Advisors | Nov 1, 2025 | Uncategorized
Key TakeawaysKeep every contractor’s Form W9 on file before the first payment. If your contractor won’t give you a W9, be persistent. The IRS requires a three-step written request process. Use the IRS TIN Matching tool before filing your 1099s. It...
by Blue Horizon Tax Advisors | Oct 16, 2025 | Uncategorized
Quick Summary: Could Changing My Business Entity to an S-Corp Mean a Lower Tax Bill?If you’re a Sole Proprietor or single-member LLC, you’re likely paying a hefty 15.3% Self-Employment (SE) tax on 100% of your profit. Electing S-Corp status could cut...
by Blue Horizon Tax Advisors | Oct 10, 2025 | Uncategorized
Quick Summary: What Smart Accounting For Small Businesses Looks Like In 2025Call your tax advisor before making financial moves to avoid missed deductions or costly surprises. You need modern, integrated tools to stay compliant (and audit-ready) in 2025. The...
