If you’ve done much research into investing in rental real estate, you’ve probably come across the acronym MACRS – and may be wondering exactly what it means. In this post, we’ll explain what the Modified Accelerated Cost Recovery System is, and how understanding MACRS helps rental property owners maximize available

Being a landlord isn’t for everyone – but for those who enjoy it, investing in rentals can be a significant source of tax deductions in addition to providing consistent cash flow. If you’re new to investment real estate, this post will provide a useful framework for making the most of

Owning a wedding business is rewarding, but every dollar you miss in tax deductions is money out of your pocket. Many small business owners in the wedding industry don’t realize how much they’re overpaying in taxes simply because they aren’t claiming the right deductions. So, what’s the real cost of

Running a wedding business means juggling clients, timelines, contracts, and creativity—but what about taxes and finances? Many wedding planners, photographers, florists, caterers, and venue owners try to manage their books on their own, only to realize too late that they’re overpaying on taxes or missing financial opportunities. If you’re serious

As a small business owner in the wedding industry, you’ve probably heard about S-Corporations (S-Corps) as a way to lower taxes and protect your personal assets. But is an S-Corp the right choice for your wedding planning, photography, floral, or catering business? Maybe. But also, maybe not! In this post,

Running a small business in the wedding industry is exciting, but taxes can bring unexpected surprises. Whether you’re a wedding planner, photographer, caterer, or venue owner, tax season can catch you off guard if you’re not prepared. Here are some of the biggest tax surprises that wedding business owners often