Doctors can deduct their business expenses and eligible contributions on their tax returns. Discover the myriad of potential tax deductions for physicians.

An IRS audit is scary enough, but what happens if you are audited and found guilty? Learn the most common penalties and find out how to soften the blow.

Tax returns are sometimes audited to find mistakes or uncover tax fraud. Discover 9 IRS audit triggers, including unreported income and foreign accounts.

How long does a typical tax audit take? Find out average timelines for correspondence, office, and field audits, and learn the factors that can increase the time.

Wondering how to open a business in Florida? Discover Florida’s top industries, business entity types, registration steps, taxes, funding options, and more.

S corporation qualifications pertain to shareholder restrictions, the number of shareholders, and the type of stock offered. See if you meet the conditions.

Though it's not as common as a C corp, your organization might benefit from S Corp status. Learn the pros and cons and see if it's right for you.

Construction loan draws are progress payment requests made by a building company to the lender. Learn about the process and how to get paid faster.

Retainage is a key financial security measure in construction and conditions vary by state. Learn about retainage percentages & cash flow solutions.

A nonprofit operating budget guides your fundraising efforts and spending. Learn about key revenue sources and types of expenses for nonprofits.

Owner-operators, contract drivers, and self-employed truck drivers can claim required business expenses on tax. Discover the top truck driver tax deductions.

Creating a mechanic auto repair shop profit and loss statement tells you whether you’re in the black. See a sample P&L with revenue and expense examples.

There have been a lot of tax myths circulating recently, but these myths could cost you dearly. Discover the top tax myths about filing, tips, and deductions.

Have unfiled tax returns? Don’t wait—penalties and interest can add up fast. Learn how to access your tax records and negotiate terms for a better outcome.

The entire IRS tax audit process can take a few months to a few years. Find out the steps involved, reasons for selection, and ways to reduce your tax debt risk.

The cost of tax audit representation varies depending on the audit, whether your documents are in order, and more. Learn what you can expect to pay.

Florida tax deductions reduce your taxable income and save you money. Learn about taxable income types in Florida and the available tax credits.

Investors in Florida need to pay short-term capital gains tax on assets bought and sold in less than a year. Find out about Florida and federal capital gains laws.

Freelancers, contractors, and small business owners pay certain state and federal taxes. Find out how to stay current with your self-employed taxes in Florida.