Advantage Accounting Group

09/15/2026

You set up an S‑Corp to save on taxes, but still ended up with a big tax bill? You’re not alone. In our latest blog, CPA David Fiene breaks down why S‑Corps don’t automatically eliminate all tax liability and what to review during the year to avoid surprises. Read more: https://wix.to/uvCz13Y

Key takeaways: reasonable salary, payroll timing, estimated taxes, and personal deductions. Share with a fellow business owner who runs an S‑Corp.

Have an S Corp but Still Owe Taxes? Here’s WhyBy David Fiene, CPA | Advantage Accounting GroupYou set up an S-Corp because you heard it could save you money on taxes. You’re running payroll and taking distributions. Then tax time arrives, and you still owe a large amount.Was the S-Corp a mistake...

12/05/2025

Are you a small business owner confused about 1099 forms in 2026? 🤔 Don't worry, we've got you covered! Check out our simple guide on who needs to file a 1099 this year, updated with the latest IRS rules! Read more at https://wix.to/rTfNyJQ

11/10/2025

Attention business owners! The year-end is the perfect time to maximize your savings with some often-overlooked tax deductions. Our latest blog post reveals strategies like the Augusta Rule. Read more here: https://wix.to/34j6n71

As the year winds down, most business owners are focused on finishing projects and getting ready for tax season. But there’s still time to grab some easy, legal tax deductions that can make a real difference when April rolls around.Here are a few of my favorite year-end tax moves that are simple t...

10/28/2025

As the year winds down, business owners might be wondering how to lower their tax bills. One effective strategy is reviewing your retirement contributions. Not all contributions have the same deadline! Ready to maximize your savings? Learn more here: https://wix.to/sJaRKEV

As we get close to the end of the year, many business owners start asking:“Is there anything I can still do to lower my tax bill?”Good news — yes, there is!One of the best year-end moves you can make is to take a closer look at your retirement contributions.🕒 Why Timing MattersRetirement pl...

10/20/2025

Are you an S-Corp owner wondering how to determine a reasonable salary? Understand the importance of setting your compensation correctly before year-end to maximize tax savings. Read more here: https://wix.to/18xJbfR

💼 How to Know if Your S-Corp Salary Is “Reasonable” (and Why It Matters Before Year-End)If you run your business as an S-Corporation, your salary can be one of the best ways to save money on taxes — but only if it’s set correctly.Every year, I talk to business owners who ask the same ques...

08/28/2025

Tax changes are coming that will impact charitable donations! Find out what you need to do before 2026 in our latest blog post: https://wix.to/RU1kf9H

Big tax changes are coming that will affect how we give to charity. The new law (often nicknamed “OBBBA”) brings some wins and some hurdles—for families and for nonprofits. Here’s the plain-English version of what to know and what to do.What gets better • A new write-off even if you don’...

07/30/2025

Did you know your family vacation could potentially become a tax write-off? 🏖️ Dive into our latest blog to understand how to make the most of your next getaway while staying compliant with the IRS. Read more: https://wix.to/1hpagFK

Thinking about turning your next family vacation into a tax write-off by holding a business meeting while you’re there?If your spouse and kids are on the board of your business — or actively involved — you could possibly write off parts of the trip… but only if you follow the IRS rules. Let....

07/09/2025

The 2025 Tax Bill is here, and it's packed with changes! Are you prepared? Learn how this new law could impact your finances, business strategies, and investments. Get informed today! https://wix.to/aw85ZAc

A sweeping new tax law has officially passed, locking in several major tax breaks and introducing some new ones—especially for individuals, business owners, and investors.The best news? Many tax provisions that were scheduled to disappear after 2025 have now been made permanent, preventing what co...

05/15/2025

📢 Congress is moving forward with the 2025 Tax Bill which could bring significant changes for everyone! Find out what these changes mean for you by reading our latest blog post: https://wix.to/6znmnqC

Congress is moving forward with a big new tax bill, and it could bring some important changes starting in 2025.To make it easy to understand, I’ve created a short summary with the key points — what’s changing, when it starts, and who it might affect. It covers everything from tax rates and ded...

01/16/2025

Tax season is approaching! 📅 Are you a business owner wondering, “Do I need to send any 1099s?” 🤔 Check out our friendly guide to find out all you need to know! 📊✨ https://wix.to/krLPqGH #1099

Hey there, awesome business owner! 🙋‍♂️✨ Tax season is right around the corner, and you might be wondering: “Do I need to send out any 1099s this year?” Don’t worry! We’ve got you covered with a quick, easy, and fun guide to figure it all out. Let’s dive in! 🎓✨What’s a 10...