According to IRS rules, you can deduct business-related expenses for the use of your home if you meet the following requirements:

When you are first starting a business, operating it as a sole proprietorship may make a lot of sense. Sole proprietorships are simple...

Are you a life coach, working from home, and considering starting your own business or taking your business to the next level?...

Choosing the right tax classification for your LLC is crucial for optimizing your tax obligations and aligning with your business goals....

For a solopreneur life coach, structuring an LLC to be taxed as an S-Corp can lead to significant tax savings. However, this decision...

An operating agreement is essential for any LLC, whether it has one member or multiple members. While the significance of this document...

As a solopreneur life coach forming a Single-Member LLC, choosing between a Member-Managed or Manager-Managed structure is an important...

Starting as a Single-Member LLC offers simplicity and control, but as your business grows, you may want to add partners and transition to...

Congratulations on deciding to form an LLC! As you prepare for your introductory strategy session with CMK Law Group, understanding the...

Selecting the right business structure is crucial for your venture's success. Here, we'll outline the primary types of business entities,...

Being self-employed is no easy task. You are the owner, and in some cases, the only employee. While you may have more freedom than the...