The Ignite Spot Blog

The Top 11 Ways to Avoid an IRS Audit at Your Small Business

February 1, 2022

Small-business owners are deeply involved in daily operations, including customer service, innovation, new client acquisition hiring, and, yes,...

What are Tax Write-Offs? What to Know About Small Business Tax Deductions

November 1, 2021

How to Save on Your  Business Taxes

July 1, 2020

What is the 2020 standard mileage rate and how do I use it in my business?

January 13, 2020

Each year the IRS releases various “standard mileage rates” for taxpayers to use in computing the deductible costs of operating an automobile for...

Explaining Tax and Accounting Services Terminology: AGI vs. Taxable Income

June 3, 2019

What is AGI? Adjusted gross income (AGI) is your total income—not including nontaxable income such as gifts, disability wages, and life insurance...

Small Business Tax Preparation: Understanding Self-Employment Taxes

November 21, 2017

If you run your own business or work as an independent contractor, you know that handling your taxes can be stressful. You may be asking yourself:...

Small Business Tax Preparation for Home-Based Businesses

November 17, 2017

Many small business owners run their operation from home because it’s easy to set up and maintain. However, when it comes to keeping track of...