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Make Taxes Fair

Educational articles for a better tax strategy

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C-Corporations: Understanding Double Taxation and Leveraging Fringe Benefits

7 min read

C-Corporations: Understanding Double Taxation and Leveraging Fringe Benefits

When it comes to business structures, the C-Corporation (C-Corp) is often associated with large, publicly traded companies. There’s also the possibility that your State that you are doing business in and are forming your Corporation in may have laws...

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Comparing Business Entities for Taxes – Which One Maximizes Your Tax Savings?

6 min read

Comparing Business Entities for Taxes – Which One Maximizes Your Tax Savings?

Choosing the right business type is one of the most important decisions you’ll make for your business. It affects how your business is run, how much...

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When and How to Switch Business Entities to Maximize Tax Savings

6 min read

When and How to Switch Business Entities to Maximize Tax Savings

As your business grows, the structure you chose at the beginning might not be the best fit anymore. Changing your business entity can help you save...

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Sole Proprietorship vs. Single-Member LLC: Subtle but Powerful Differences

8 min read

Sole Proprietorship vs. Single-Member LLC: Subtle but Powerful Differences

As a busy business owner, I crave simplicity. And for many small businesses, keeping things simple is so important because we already feel like we’re...

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Choosing the Right Business Entity: How It Impacts Your Taxes

5 min read

Choosing the Right Business Entity: How It Impacts Your Taxes

Have you ever wondered why some businesses pay less tax than others, even if they make more money? The secret often lies in the type of business...

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Amortization: Understanding and Maximizing Its Value for Your Business

5 min read

Amortization: Understanding and Maximizing Its Value for Your Business

At Make Taxes Fair, we are not lawyers or financial advisors. Still, we love educating people on the terms, mindsets, and elements to pay attention...

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Top Tax Evasion Traps: How Business Owners Can Avoid IRS Trouble and Keep More Earnings

20 min read

Top Tax Evasion Traps: How Business Owners Can Avoid IRS Trouble and Keep More Earnings

Hello, Chris Middleton here from Make Taxes Fair. Let's talk about a topic that's on every business owner's mind: taxes. More specifically, how to...

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Common Tax Pitfalls for Business Owners: How to Avoid Costly Mistakes

7 min read

Common Tax Pitfalls for Business Owners: How to Avoid Costly Mistakes

Running a business means wearing many different hats, and managing your taxes can be one of the trickiest. Even small mistakes can lead to hefty...

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Understanding 1099s: A Simple Guide for Small Business Owners

6 min read

Understanding 1099s: A Simple Guide for Small Business Owners

1099’s can be confusing when it comes to a business. What are 1099’s? When do you need to send them out? How do you do it correctly the first time?...

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Mindset and Taxes: Becoming PROACTIVE instead of reactive

6 min read

Mindset and Taxes: Becoming PROACTIVE instead of reactive

At Make Taxes Fair, we humbly believe that most CPAs and accountants are (without meaning to) what we call "Happy Historians." We mean no disrespect...

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Behind the Scenes: The FRIENDS DON'T LET FRIENDS OVERPAY THE GOVERNMENT Slogan

3 min read

Behind the Scenes: The FRIENDS DON'T LET FRIENDS OVERPAY THE GOVERNMENT! Slogan

The Struggle Business Owners Face with Excessive Taxes I've seen so many business owners struggle with the burden of paying excessive taxes—like my...

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S-Corporations: How to Maximize Tax Savings

10 min read

S-Corporations: How to Maximize Tax Savings

If you are a small business owner who wants to lower your tax bills, setting up an S-Corporation (S-Corp) might be a great idea. An S-Corp allows you...

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How Your Business Entity Choice Impacts Your Taxes

9 min read

How Your Business Entity Choice Impacts Your Taxes

Starting a business and seeing it ramp up is a stressful but exciting process! Exciting because you’re probably very passionate about what you do and...

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Business Bookkeeping The Magical Ingredient To Your Tax Savings

6 min read

Business Bookkeeping The Magical Ingredient To Your Tax Savings

Years ago, a local radio news station called to interview me about how people can save money on taxes. I remember the conversation to this day and...

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Navigating the Tax Maze: Understanding Federal, State, and Local Taxes

6 min read

Navigating the Tax Maze: Understanding Federal, State, and Local Taxes

Those who know me know that I'm a big fan of memes. If you don’t know what a meme is, that's ok. A meme is an image of some sort with words imposed...

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Hiring Your Kids: Tax Savings Without Breaking Labor Laws

6 min read

Hiring Your Kids: Tax Savings Without Breaking Labor Laws

What you’ll get in this quick read: How employing your children can save you money on taxes Why most people get this wrong Resources for executing...

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The Augusta Rule: Separating Fact from Fiction

6 min read

The Augusta Rule: Separating Fact from Fiction

What you’ll get in this quick read: What is the Augusta Rule Why most people miss thousands of dollars of deductions every year by not using this...

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Unveiling the Backbone of Success: The Power of Systems in Business

4 min read

Unveiling the Backbone of Success: The Power of Systems in Business

In the dynamic world of business, challenges often arise, and the root cause can be traced back to a common denominator: the effectiveness of your...

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Tax Deductions Every Real Estate Professional Should Know About in 2024

7 min read

Tax Deductions Every Real Estate Professional Should Know About in 2024

Real Estate Professionals are among the busiest professionals out there and it can be hard to find the time and energy to get all your expenses for...

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Tax Drive: Mileage vs. Expenses for Max Savings!

2 min read

Tax Drive: Mileage vs. Expenses for Max Savings!

Miles Driven verses “Actual Expenses”... and what does that even mean?

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Tax-Smart Driving: Shield Your Vehicle from IRS Audits!

3 min read

Tax-Smart Driving: Shield Your Vehicle from IRS Audits!

If you’re a business owner, did you know that you have to protect your car from the Government?

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How You Can Be Paid $155.25/Hr to Track Your Miles!

2 min read

How You Can Be Paid $155.25/Hr to Track Your Miles!

The IRS mileage rates for business travel are set every year sometime in December.

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