Imagine this: You're pumped about the amazing deal you got on a new car in Montana, a state with no sales tax. Score! But hold on – before you celebrate…
At XOA TAX, we often get questions about deducting meals as business expenses. It's an area ripe with misconceptions, and we've noticed some questionable advice circulating lately. One particularly interesting…
Many business owners are drawn to the tax advantages of an S Corporation. But before you jump in, it's crucial to understand what it truly means to be an S…
Missing a tax deadline can feel like the world is ending, especially when it comes to something as important as electing S Corp status for your business. But if you…
At XOA TAX, we often work with real estate professionals seeking to maximize their tax benefits. One common area of confusion is material participation, a critical factor in determining whether…
Dropshipping remains a popular business model, especially for entrepreneurs seeking a low-cost entry into e-commerce. But with recent changes to US import rules, staying compliant and profitable requires a deeper…