{"@context":"https:\/\/schema.org\/","@type":"CollectionPage","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/#CollectionPage","headline":"Business Taxes Category","description":"","url":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/","hasPart":[{"@type":"Article","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/freelance-tax-deductions\/","headline":"Tax Deductions for Freelancers You Should Know About If You Work From Home","url":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/freelance-tax-deductions\/","datePublished":"2019-01-11","dateModified":"2023-04-16","mainEntityOfPage":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/freelance-tax-deductions\/","author":{"@type":"Person","@id":"https:\/\/moneydoneright.com\/author\/logan-allec\/#Person","name":"Logan Allec, CPA","url":"https:\/\/moneydoneright.com\/author\/logan-allec\/","identifier":4,"description":"Logan is a practicing CPA and founder of Choice Tax Relief<\/b><\/a> and of course Money Done Right. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday Americans earn, save, and invest more money. Learn more about Logan.<\/b><\/a>","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/6e74dd0453a5871d1dcfde6d40d9494765ca8bfdb01927cefee4564d4bee9075?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6e74dd0453a5871d1dcfde6d40d9494765ca8bfdb01927cefee4564d4bee9075?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Money Done Right","logo":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","width":488,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/2019\/01\/tax-deductions-for-freelancers.jpg","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/2019\/01\/tax-deductions-for-freelancers.jpg","height":668,"width":1000},"keywords":["schema"]},{"@type":"Article","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/s-corporation-pay-rent-home-office\/","headline":"Can My S Corp Pay Me Rent? How Do I Take the Home Office Deduction in an S Corp?","url":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/s-corporation-pay-rent-home-office\/","datePublished":"2018-12-15","dateModified":"2023-04-07","mainEntityOfPage":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/s-corporation-pay-rent-home-office\/","author":{"@type":"Person","@id":"https:\/\/moneydoneright.com\/author\/logan-allec\/#Person","name":"Logan Allec, CPA","url":"https:\/\/moneydoneright.com\/author\/logan-allec\/","identifier":4,"description":"Logan is a practicing CPA and founder of Choice Tax Relief<\/b><\/a> and of course Money Done Right. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday Americans earn, save, and invest more money. Learn more about Logan.<\/b><\/a>","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/6e74dd0453a5871d1dcfde6d40d9494765ca8bfdb01927cefee4564d4bee9075?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6e74dd0453a5871d1dcfde6d40d9494765ca8bfdb01927cefee4564d4bee9075?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Money Done Right","logo":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","width":488,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/2018\/02\/S-Corporation-Home-Office-Deduction.png","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/2018\/02\/S-Corporation-Home-Office-Deduction.png","height":430,"width":825},"keywords":["youtube","schema"],"commentCount":"2","comment":[{"@type":"Comment","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/s-corporation-pay-rent-home-office\/#Comment1","dateCreated":"2023-07-07 22:55:29","description":"You mention mortgage interest, and that\u2019s a big one, but under the option 1 or 3, are you able to then claim additional depreciation on the house itself?","author":{"@type":"Person","name":"Barbara","url":""}},{"@type":"Comment","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/s-corporation-pay-rent-home-office\/#Comment2","dateCreated":"2020-04-29 14:52:51","description":"Hi, I filled my 2019 taxes recently and it was rejected by irs due to a PIpin,does this mean im not getting a stimulus payment? Thanks for all the helpful info you put out for the people.","author":{"@type":"Person","name":"Paulette D Ashby","url":""}}]},{"@type":"Article","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/real-estate-agents-taxes\/","headline":"9 Critical Tax Mistakes Real Estate Agents Make That Cost Them $1000s","url":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/real-estate-agents-taxes\/","datePublished":"2018-10-16","dateModified":"2022-07-24","mainEntityOfPage":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/real-estate-agents-taxes\/","author":{"@type":"Person","@id":"https:\/\/moneydoneright.com\/author\/logan-allec\/#Person","name":"Logan Allec, CPA","url":"https:\/\/moneydoneright.com\/author\/logan-allec\/","identifier":4,"description":"Logan is a practicing CPA and founder of Choice Tax Relief<\/b><\/a> and of course Money Done Right. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday Americans earn, save, and invest more money. Learn more about Logan.<\/b><\/a>","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/6e74dd0453a5871d1dcfde6d40d9494765ca8bfdb01927cefee4564d4bee9075?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6e74dd0453a5871d1dcfde6d40d9494765ca8bfdb01927cefee4564d4bee9075?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Money Done Right","logo":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","width":488,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/2018\/02\/Real-Estate-Agent-Taxes.png","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/2018\/02\/Real-Estate-Agent-Taxes.png","height":430,"width":825},"keywords":["schema"],"commentCount":"8","comment":[{"@type":"Comment","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/real-estate-agents-taxes\/#Comment1","dateCreated":"2020-11-02 14:14:24","description":"Valuable info. Lucky me I found your web site unintentionally, and I am shocked why this accident did not came about in advance! I bookmarked it.","author":{"@type":"Person","name":"veneers cost","url":""}},{"@type":"Comment","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/real-estate-agents-taxes\/#Comment2","dateCreated":"2020-06-19 08:25:39","description":"Awesome post, thanks for sharing!","author":{"@type":"Person","name":"Serita Jebbett","url":"http:\/\/supremesearch.net"}},{"@type":"Comment","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/real-estate-agents-taxes\/#Comment3","dateCreated":"2020-01-31 12:24:17","description":"Hi Ella. You should check your state law, but in most if not all states it should be acceptable for you to form an LLC or corporation as a real estate agent. There could be tax benefits as described in the article above as well as legal benefits, but since I'm not an attorney I can't speak to that.","author":{"@type":"Person","name":"Logan Allec, CPA","url":"https:\/\/loganallec.com\/"}},{"@type":"Comment","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/real-estate-agents-taxes\/#Comment4","dateCreated":"2020-01-31 12:22:47","description":"Hi Brandon. You do not<\/b> have to form an LLC or an S corporation in order to take the QBI deduction. Whether it makes sense to elect to be taxed as a corporation depends on several factors.","author":{"@type":"Person","name":"Logan Allec, CPA","url":"https:\/\/loganallec.com\/"}},{"@type":"Comment","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/real-estate-agents-taxes\/#Comment5","dateCreated":"2020-01-31 12:21:54","description":"Hi Jeff. You do not<\/b> have to form an LLC or an S corporation in order to take the QBI deduction.","author":{"@type":"Person","name":"Logan Allec, CPA","url":"https:\/\/loganallec.com\/"}},{"@type":"Comment","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/real-estate-agents-taxes\/#Comment6","dateCreated":"2018-09-14 13:09:14","description":"Thank you for your article! Currenly I'm a 1099 sole proprietor. Please advise if I have the right to file a corporation if I'm the real estate agent, but not a broker? What benefirs it will bring to me if it permitted?\nThank you!\nElla","author":{"@type":"Person","name":"Ella","url":""}},{"@type":"Comment","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/real-estate-agents-taxes\/#Comment7","dateCreated":"2018-08-16 10:34:30","description":"Same question as Jeff above. What would you recommend in CA? If I was going to Incorporate what would you recommend?\n\nThanks!","author":{"@type":"Person","name":"Brandon Hawkins","url":""}},{"@type":"Comment","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/real-estate-agents-taxes\/#Comment8","dateCreated":"2018-06-27 09:48:43","description":"Thank you for the very helpful information. Question: do I have form an LLC or s-Corp in order to take QBI duduction. Or can in still file as a sole proprietoproprietor and receive the 20% credit? I am a real estate agent. I prefer not to form an S-corp in california.\n\nThanks\nJeff","author":{"@type":"Person","name":"Jeff strickland","url":""}}]},{"@type":"Article","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/working-capital-loans\/","headline":"How a Small Business Can Get a Working Capital Loan","url":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/working-capital-loans\/","datePublished":"2018-07-18","dateModified":"2022-08-22","mainEntityOfPage":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/working-capital-loans\/","author":{"@type":"Person","@id":"https:\/\/moneydoneright.com\/author\/logan-allec\/#Person","name":"Logan Allec, CPA","url":"https:\/\/moneydoneright.com\/author\/logan-allec\/","identifier":4,"description":"Logan is a practicing CPA and founder of Choice Tax Relief<\/b><\/a> and of course Money Done Right. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday Americans earn, save, and invest more money. Learn more about Logan.<\/b><\/a>","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/6e74dd0453a5871d1dcfde6d40d9494765ca8bfdb01927cefee4564d4bee9075?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6e74dd0453a5871d1dcfde6d40d9494765ca8bfdb01927cefee4564d4bee9075?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Money Done Right","logo":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","width":488,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/2018\/07\/Working-Capital-Loan.png","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/2018\/07\/Working-Capital-Loan.png","height":430,"width":825},"keywords":["schema"]},{"@type":"Article","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/taxes-for-bloggers\/","headline":"3 Ways that Bloggers Can Save $1000s With the New Tax Law","url":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/taxes-for-bloggers\/","datePublished":"2018-01-12","dateModified":"2022-08-25","mainEntityOfPage":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/taxes-for-bloggers\/","author":{"@type":"Person","@id":"https:\/\/moneydoneright.com\/author\/logan-allec\/#Person","name":"Logan Allec, CPA","url":"https:\/\/moneydoneright.com\/author\/logan-allec\/","identifier":4,"description":"Logan is a practicing CPA and founder of Choice Tax Relief<\/b><\/a> and of course Money Done Right. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday Americans earn, save, and invest more money. Learn more about Logan.<\/b><\/a>","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/6e74dd0453a5871d1dcfde6d40d9494765ca8bfdb01927cefee4564d4bee9075?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6e74dd0453a5871d1dcfde6d40d9494765ca8bfdb01927cefee4564d4bee9075?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Money Done Right","logo":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","width":488,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/2018\/01\/Bloggers-Taxes.png","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/2018\/01\/Bloggers-Taxes.png","height":430,"width":825},"keywords":["schema"],"commentCount":"2","comment":[{"@type":"Comment","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/taxes-for-bloggers\/#Comment1","dateCreated":"2018-01-20 16:48:30","description":"Great question! The pass-through deduction only reduces taxable income. It does not reduce a taxpayer's self-employment tax base or even their adjusted gross income.","author":{"@type":"Person","name":"Logan Allec, CPA","url":"https:\/\/loganallec.com\/"}},{"@type":"Comment","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/taxes-for-bloggers\/#Comment2","dateCreated":"2018-01-20 11:45:10","description":"Great article Logan! The tax code is a very complex animal that most business people don't care to spend the time to learn, so it's good to have CPAs like you studying it and educating others. Question: does the new 20% self employment income deduction reduce your federal tax and your self employment tax or just your federal tax?","author":{"@type":"Person","name":"Jonathan Frey","url":""}}]},{"@type":"Article","@id":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/pros-and-cons-of-s-corporation\/","headline":"I’m An Independent Contractor. Should I Use an S Corp or Report on Schedule C","url":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/pros-and-cons-of-s-corporation\/","datePublished":"2017-03-30","dateModified":"2021-10-01","mainEntityOfPage":"https:\/\/moneydoneright.com\/taxes\/business-taxes\/pros-and-cons-of-s-corporation\/","author":{"@type":"Person","@id":"https:\/\/moneydoneright.com\/author\/logan-allec\/#Person","name":"Logan Allec, CPA","url":"https:\/\/moneydoneright.com\/author\/logan-allec\/","identifier":4,"description":"Logan is a practicing CPA and founder of Choice Tax Relief<\/b><\/a> and of course Money Done Right. After spending nearly a decade in the corporate world helping big businesses save money, he launched his blog with the goal of helping everyday Americans earn, save, and invest more money. Learn more about Logan.<\/b><\/a>","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/6e74dd0453a5871d1dcfde6d40d9494765ca8bfdb01927cefee4564d4bee9075?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/6e74dd0453a5871d1dcfde6d40d9494765ca8bfdb01927cefee4564d4bee9075?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Money Done Right","logo":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/Money-Done-Right-Personal-Finance-and-Investing-Blog.png","width":488,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/moneydoneright.com\/wp-content\/uploads\/pros-and-cons-of-s-corporation.jpg","url":"https:\/\/moneydoneright.com\/wp-content\/uploads\/pros-and-cons-of-s-corporation.jpg","height":460,"width":1900},"keywords":["schema"]}]}