7 min read
By Chris Middleton, Co-Founder & Tax Strategist, Make Taxes Fair You fly out Thursday for a conference. Friday is the conference. Monday you have a client meeting. Saturday and Sunday, you are free. So what happens to that weekend on your tax return?
Read More-1.png?width=1280&height=720&name=Make%20Taxes%20Fair%20YT%20-%20Thumbnails%20(2)-1.png)
7 min read
"Am I even big enough for tax strategy yet?" That question comes up constantly, and here's the short answer: if you're writing checks to the IRS,...
6 min read
Here is the strange part about getting organized. Almost nobody needs to be convinced. Ask an owner what would help most with their taxes and plenty...
-1.png?width=1280&height=720&name=Make%20Taxes%20Fair%20YT%20-%20Thumbnails%20(1)-1.png)
7 min read
Almost every article on this question warns you about one mistake. Don't pay yourself too little. Set the salary too low, and the IRS can reclassify...
.png?width=1280&height=720&name=Make%20Taxes%20Fair%20YT%20-%20Thumbnails%20(2).png)
8 min read
"Do I need an LLC or an S corp?" might be the most common structure question business owners bring to us. Here's the honest answer, and it's not the...
4 min read
“Friends Don’t Let Friends Overpay the Government!” If you’re a business owner, you’ve probably had this thought: “If I start using tax strategies…...
9 min read
How do you build a year-round tax strategy? " Run a quarterly cadence to plan, implement, document, and review. Utilize the CLEAR EDGE pillars to...
6 min read
What are the smartest tax moves for high income entrepreneurs? " Build a year-round strategy with the CLEAR EDGE Framework so you align entity...
5 min read
If you are a business owner paying more than $100,000 in taxes every year, chances are you feel the sting every time April rolls around. You work...
6 min read
If you are a business owner writing six-figure checks to the IRS annually, you already know the gut punch that comes with tax season. You work hard,...
3 min read
Let me ask you a question... What if you could give your employees a $5,250 raise, without paying payroll taxes, and without your team paying income...
3 min read
Short-term rentals (STRs), think Airbnb, VRBO, or furnished corporate housing, are one of the most powerful tools in real estate tax strategy. And...
20 min read
A few years ago, one of our clients, let’s call her Sarah, came to us in frustration. She was a 51-year-old business owner, pulling in over $500K a...
%20Power%20Move%20Pay%20Less%20Tax%2c%20Keep%20More%20Cash.png?width=1536&height=1024&name=The%20Solo%20401(k)%20Power%20Move%20Pay%20Less%20Tax%2c%20Keep%20More%20Cash.png)
15 min read
John is exactly the kind of entrepreneur we love helping. Smart. Scrappy. Growth-minded. Three years ago, he left corporate life and launched a...
18 min read
Imagine this: You're sitting at your favorite coffee shop, laptop closed, sipping your drink, while your investments quietly grow in the background,...
19 min read
Tyler sat across the desk with his eyes wide. “You’re telling me I can contribute $35,000 to my retirement, take a full deduction, and not have to...
17 min read
When Sarah launched her design business, she wasn’t just chasing income;she was chasing freedom. The freedom to work with clients she loved, set her...
15 min read
An overview of the “self-employment” tax and it’s impact on your business When Jenna quit her 9-to-5 to launch her dream consulting business, she...
14 min read
Running a business takes guts, grit, and a whole lot of hustle. But when it comes to taxes, even the most fearless entrepreneurs often find...
8 min read
Thinking about buying a van for your business? Read this first. A friend of mine sent me a quick message the other day: “Hey there! I’m thinking...
8 min read
If you're like most modern business owners, your day starts with a Zoom call and ends somewhere between a client email and a coffee refill, right...
11 min read
Are You Overpaying Uncle Sam? Taxes can feel like a black hole—draining your hard-earned profits and leaving you wondering where your money went. For...
11 min read
Imagine this—you open your mailbox, and there it is: a letter from the IRS. Your heart skips a beat, and suddenly, you're picturing auditors combing...
3 min read
Imagine saving tens—or even hundreds—of thousands of dollars on your taxes by simply reassessing how your property is valued. For commercial and...
5 min read
At Make Taxes Fair, we believe knowledge is power—especially when it comes to taxes. One of the most important concepts for business owners to grasp...
7 min read
At Make Taxes Fair, we believe knowledge is power—especially when it comes to planning for the future.
6 min read
Hearing "IRS Dirty Dozen" might sound pretty scary if you're a business owner. But it's not as bad as it seems—if you understand how to use the right...
4 min read
We recently had an amazing opportunity to be guests on Madeline MacRae's podcast, "Scaling the Gap". We wanted to share some reflections on our...
4 min read
As a business owner, watching your hard-earned profits disappear to taxes can feel frustrating. It's not just disheartening—it's often confusing. But...
14 min read
Running a business is tough enough and it can seem overwhelming trying to overcome the daily hurdles. We say there is absolutely nothing “small”...
7 min read
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...
5 min read
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...
6 min read
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...
6 min read
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...
7 min read
When it comes to business structures, the C-Corporation (C-Corp) is often associated with large, publicly traded companies. There’s also the...
7 min read
As your business grows and you bring in partners or investors, choosing the right structure becomes very important. Multi-Member LLCs and...
7 min read
As a business owner, you know how hard you work to build your business. The extra hours and ups and downs are not meant for the faint of heart; every...
8 min read
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...
5 min read
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...
20 min read
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...
6 min read
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?...
6 min read
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...
3 min read
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...
10 min read
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...
9 min read
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...
6 min read
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...
6 min read
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...
6 min read
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...
6 min read
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...
4 min read
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...
7 min read
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...
2 min read
Miles Driven verses “Actual Expenses”... and what does that even mean?
3 min read
If you’re a business owner, did you know that you have to protect your car from the Government?
2 min read
The IRS mileage rates for business travel are set every year sometime in December.
