Tax Hive Blog
Enjoy these timely and informative articles that can help you make informed decisions about your business.
![What Is An S Corporation? (Benefits & Limitations)](/wp-content/uploads/What-Is-An-S-Corporation.jpg)
What Is An S Corporation? (Benefits & Limitations)
An S corporation, also known as an S Corp, S-Corp, or S election, is a way for a small business to choose to be taxed as a corporation rathe …
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![Strategic Tax Planning for Business (with Tips and Examples)](/wp-content/uploads/strategic-tax-planning-for-business.jpg)
Strategic Tax Planning for Business (with Tips and Examples)
“If you fail to plan, you are planning to fail” – Benjamin Franklin. Failing to develop and implement a great strategic tax plan for busines …
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![What States Protect Single Member LLCs?](/wp-content/uploads/What-States-Protect-Single-Member-LLCs.jpg)
What States Protect Single Member LLCs?
What states protect single member LLCs? As it turns out, definitions for both “limited” and “liability” vary, depending on the state of inco …
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![What is the Back to Business Grant Program?](/wp-content/uploads/What-is-the-Back-to-Business-Grant-Program.jpg)
What is the Back to Business Grant Program?
For 2020 into 2022, businesses around the globe suffered significant economic loss as a result of the pandemic. Between mandatory shutdowns, …
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![What is a Qualified Joint Venture and How Does it Work with Taxes?](/wp-content/uploads/What-is-a-Qualified-Joint-Venture-and-How-Does-it-Work-with-Taxes.jpg)
What is a Qualified Joint Venture and How Does it Work with Taxes?
What is a Qualified Joint Venture and how does it work? What are the benefits and drawbacks, and how to file taxes.A “Qualified Joint Ventur …
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![Network Marketing Tax Deductions](/wp-content/uploads/Network-Marketing-Tax-Deductions.jpg)
Network Marketing Tax Deductions
Network Marketing -- the OG of the side hustle, gig economy, and non-celebrity influencers. Chances are you’ve had family or friends dabble …
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![8 Tax Tips for Your Freelance Business](/wp-content/uploads/8-Tax-Tips-for-Your-Freelance-Business.jpg)
8 Tax Tips for Your Freelance Business
With the economic changes of 2020 through 2021, many have gained a new perspective on life. People began working from home and spending more …
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![A Guide to Maximizing Tax Deductions and Credits](/wp-content/uploads/A-Guide-to-Maximizing-Tax-Deductions-and-Credits.jpg)
A Guide to Maximizing Tax Deductions and Credits
If you own a small business, why should you care about maximizing tax deductions and credits? With the goal of the small business being prof …
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![Tax Guide for Rideshare Drivers](/wp-content/uploads/Tax-Guide-for-Rideshare-Drivers.jpg)
Tax Guide for Rideshare Drivers
As a part of the gig economy, ride sharing has become a major self-employment opportunity for many. Estimates vary as to how many Uber and L …
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