by Sandra Tapia, CPA, PLLC | 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 Sandra Tapia, CPA, PLLC | Oct 22, 2025 | Uncategorized
Quick Summary: Could Changing My Business Entity 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 that tax bill by...
by Sandra Tapia, CPA, PLLC | Oct 17, 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...
by Sandra Tapia, CPA, PLLC | Oct 11, 2025 | Uncategorized
“With organization comes empowerment.” —Lynda Peterson Quick Answers: Can I Put Personal Money In My Business Account?If you put personal money into your business account, it must be recorded correctly (as an owner’s contribution, not business...
by Sandra Tapia, CPA, PLLC | Oct 1, 2025 | Uncategorized
“Simple can be harder than complex.” — Steve JobsQuick Summary: What’s Changing With The 2026 1099 NEC Threshold?Businesses will only need to issue a 1099-NEC if they pay an independent contractor $2,000 or more in a calendar year. The new rule begins for tax...
by Sandra Tapia, CPA, PLLC | Sep 24, 2025 | Uncategorized
“To profit from good advice requires more wisdom than to give it.” —Wilson Mizner Quick Answers: Who’s the Best Accountant to Help My Texas Business Grow? The “perfect” accountant doesn’t exist. But the right fit for your business growth...
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