Resource Library
Home Office Deduction Toolkit: Eligibility Guide, IRS Rules, and Deduction Calculator
This downloadable toolkit is designed to help self-employed individuals, freelancers, and small business owners understand and calculate the home office deduction with clarity and confidence. Inside, you’ll find a detailed Excel spreadsheet that explains the current IRS home office rules in plain language, includes real examples, and provides a built-in calculator to estimate your deduction using either the simplified method or the actual expense method.
You’ll also receive a visual decision tree PDF that walks you step-by-step through the eligibility requirements, making it easy to determine whether your home workspace qualifies as a deductible home office. Whether you’re preparing your taxes, planning for the year ahead, or simply want to make sure you're taking advantage of available deductions, this toolkit provides the guidance and tools you need in one place.
Mileage & Vehicle Deduction Toolkit: Mileage Log, IRS Rules, Vehicle Depreciation Limits, and Deduction Guide
Our Mileage & Vehicle Deduction Toolkit is designed to help self-employed individuals, small business owners, and contractors accurately track business mileage and understand the major tax deductions available for vehicles. This comprehensive toolkit includes an easy-to-use Excel mileage tracker, a detailed guide explaining IRS mileage rules, business-use requirements, and common deduction mistakes, plus a clear overview of the current vehicle depreciation limits, including Section 179, bonus depreciation, and luxury auto caps.
You’ll also receive a step-by-step mileage deduction guide and decision tools to help you determine what trips qualify, how to document your mileage properly, and how much you may be able to deduct. Whether you're planning to purchase a new business vehicle or preparing your tax records for year-end, this toolkit gives you everything you need to stay compliant, maximize your deductions, and confidently navigate IRS mileage and vehicle expense rules.
Reasonable Compensation for S Corporation Owners: Avoid red flags & maximize deductions
This 52-minute course teaches you exactly how to calculate your S corporation reasonable compensation and avoid common mistakes. You’ll learn how the IRS reviews S corp wages, how to blend the different roles you perform in your business, and how to set a salary that’s both defensible and tax-efficient.
Included with the course are helpful tools: a wage vs. distribution calculator, a compensation benchmarking worksheet, a fringe benefits summary for 2% shareholders, and court case resources. Perfect for S corp owners who want clarity and confidence in paying themselves correctly.