Turning Passion into Profit: A Guide to Reporting Hobby Income
October 16, 2025The distinction between a hobby and a business is a critical one for taxpayers, as it determines how income and…
Cash vs. Accrual: Unlocking the Right Accounting Method for Your Business
September 18, 2025Choosing the right accounting method is a critical decision for any business, as it directly impacts how income and expenses…
The Cost of Cannabis: A Tax Guide for California’s Operators
September 11, 2025The cannabis industry in California is one of the most heavily regulated and taxed industries in the state. For cannabis…
Taxing the Digital Age: California’s Rules for Software and Online Services
August 14, 2025The taxation of digital products and services in California is a complex and evolving area of law. As technology advances…
Healing Your Finances: Tax and Accounting Advice for Therapists
July 17, 2025Therapists, whether operating as sole proprietors, independent contractors, or part of a group practice, face unique tax and accounting challenges.…
Fashion Meets Finance: A Tax Guide for the Modeling Industry
July 10, 2025The modeling industry is a dynamic and lucrative field, but it comes with unique financial and tax challenges. Models, modeling…
One Big Beautiful Bill Act: Significant Planning Opportunities in 2025 and Beyond
July 9, 2025The recently passed One Big Beautiful Bill Act introduces several significant tax changes for individuals and businesses. Below is a detailed breakdown…
From Wrenches to Write-Offs: Maximizing Deductions in the Auto Repair Sector
June 26, 2025The auto repair and maintenance sector plays a critical role in the automotive industry, providing essential services to keep vehicles…
Maximizing Business Travel Deductions in 2025
June 19, 2025Business travel expenses can represent a significant portion of a company's operational costs. Fortunately, the IRS allows businesses to deduct…
Blueprint for Tax Savings: A Guide for Construction Businesses
June 12, 2025The construction industry operates in a unique tax environment due to its project-based nature, use of subcontractors, and significant capital…
