by Frisco Tax Advisors | Oct 6, 2026 | Uncategorized
Proactive Income Tax Strategies Series — Post 26.41 For the self-employed, retirement contributions serve two purposes at once: they build future savings, and they reduce this year’s taxable income directly. Few tax strategies accomplish both, and this one...
by Frisco Tax Advisors | Sep 28, 2026 | Uncategorized
Proactive Income Tax Strategies Series — Post 26.40 If you or a family member qualify for the new tip or overtime deduction under the One Big Beautiful Bill Act, that’s good news. But claiming it correctly requires more than filing your return next April....
by Frisco Tax Advisors | Sep 22, 2026 | Uncategorized
Proactive Income Tax Strategies Series — Blog Post 26.39 | Self-Employment Tax Reduction Strategies Most new 1099 filers get caught off guard by self-employment tax — 15.3% on top of your regular income tax. It covers Social Security and Medicare, and it’s easy to...
by Frisco Tax Advisors | Sep 22, 2026 | Uncategorized
Proactive Income Tax Strategies Series — Blog Post 26.38 | Reconciling 1099-K, 1099-NEC, and 1099-MISC If you’re a gig worker or run a side business, you might get three different 1099s for what feels like one stream of income. Each of these forms gets triggered by...
by Frisco Tax Advisors | May 29, 2025 | Uncategorized
Nobody likes the word “audit.” For many business owners, just hearing “IRS audit” is enough to stir up anxiety. Whether you run a small business or manage a larger enterprise, the possibility of being audited is a reality you can’t afford to ignore....
by Frisco Tax Advisors | May 29, 2025 | Uncategorized
Tax season is upon us, and it can be stressful with so many deadlines, calculations, and changes in financial situations, it’s easy to fall behind – especially without a tax advisor by your side. However, one of the biggest mistakes taxpayers make is underpaying or...