For business owners

Small business tax planning and preparation — from someone who's run her own business too.

Sole prop, single-member LLC, partnership, or S-corp — your business return and your personal return usually aren't two separate problems, they're one. I help small business owners plan ahead, not just file after the fact, so April never brings a surprise.

Most small business owners overpay — not because they're careless, but because nobody looked at their situation until it was already too late to change the outcome. Planning ahead of year-end is where the real savings happen.
What's involved

Small business taxes touch more than an annual return.

A good small business tax relationship runs year-round, not just at filing time. Here's what that typically includes.

01

Entity structuring

Sole prop, LLC, S-corp, or partnership — the right structure changes your tax bill, your liability exposure, and your paperwork. Best decided before you incorporate, not after.

02

Quarterly estimated taxes

Calculated and tracked through the year so you're never blindsided by what you owe, and never hit with an underpayment penalty for guessing wrong.

03

Business + personal return, together

For most small businesses, your business income flows directly into your personal return. Preparing them together — not separately — is how errors get caught before they're filed.

04

Year-round planning

Decisions made in October affect what you owe in April. Regular check-ins mean nothing gets locked in without understanding the tax impact first.

05

S-corp election timing

Electing S-corp status can reduce self-employment tax once profit is high enough — but the payroll and filing requirements that come with it aren't worth it for everyone.

06

Bookkeeping coordination

Bookkeeping isn't included in advisory work, but clean books make everything else faster and more accurate — happy to coordinate with your bookkeeper or recommend one.

Airbnb and short-term rental income isn't taxed like a regular rental — and it isn't taxed like a regular job either. The rules sit in between, and getting them wrong is one of the most common (and most expensive) mistakes first-time hosts make.
Short-term rentals & Airbnb

Renting a space on Airbnb or VRBO? It's a small business too — just not an obvious one.

A lot of hosts start out thinking of it as extra cash on the side, on top of a full-time job or another business. Tax-wise, it's its own animal, and it's easy to get wrong without realizing it.

Passive vs. active

Not all rental income is taxed the same way

A typical long-term rental is passive income. Once the average guest stay drops to about 7 days or less — the norm for most Airbnbs — the IRS generally treats it as a business activity instead. Add hotel-like services (daily cleaning, breakfast, concierge-style help) and it can trigger self-employment tax on top of that.

Depreciation

You can deduct the building — over time, or largely up front

The structure itself (not the land under it) can be depreciated, lowering your taxable income each year. A cost segregation study can break the property into components with shorter depreciable lives, front-loading a much bigger deduction into the early years — worth exploring once the numbers are meaningful.

Basis

What you paid, plus improvements, minus what you've deducted

Basis is the number behind both your depreciation deductions and your eventual gain on sale. Every dollar of depreciation claimed lowers that basis — which usually means part of any gain gets taxed back later at a less favorable rate (depreciation recapture).

Material participation

The rule that decides if losses can offset your other income

If average stays run 7 days or less and you materially participate in running it, losses aren't limited the way an ordinary rental's would be — they can potentially offset W-2 or other income. Get the details wrong, though, and the IRS can disallow the loss entirely.

A full-time job plus one or two Airbnbs is a more common combination than people expect — and it's usually where real tax planning gets left on the table, whether that's classifying the activity correctly, running the numbers on a cost segregation study, or making sure a W-2 job isn't accidentally blocking losses that should be usable.
Who this is for

Franchisees, LLCs, S-corps, and sole proprietors.

Small business owners

A personal, ongoing relationship — not a seasonal hand-off

  • The same person, every time, no call-center hand-offs
  • Entity structuring guidance before you incorporate or expand
  • Quarterly check-ins and planning throughout the year
  • Bookkeeping-to-return coordination, so nothing falls through the cracks
Multiple income streams

Real complexity, handled without the runaround

  • Freelance income, K-1s, RSUs, and stock options
  • Rental property or Airbnb/short-term rentals alongside your business income
  • Real planning ahead of the year, before decisions get made
  • A direct line to the person actually doing your taxes
Why work with someone who's done it

This isn't advice from a textbook. It's advice from someone who's run her own business and lived the compliance herself.

I've owned and run a business abroad since 2018. I know what it's like to make a structuring decision without fully understanding the tax consequence until later. I don't just hand you a number and let you deal with the reaction — I walk you through why it is what it is, and I look for ways to bring it down before the year ends, not after.

— Christina, Founder, CPA (Maryland)
Common questions

Small business tax questions, answered plainly.

Should my small business be an LLC or an S-corp for tax purposes?

It depends on your profit level, state, and long-term plans. S-corp status can reduce self-employment tax once net income is high enough to justify the added payroll and filing requirements, but it isn't automatically the right move for every business — this is exactly what an entity structuring consultation is for.

Do I need to pay quarterly estimated taxes?

If you expect to owe $1,000 or more for the year and don't have enough withheld from other income, the IRS generally expects quarterly estimated payments. Missing them can trigger an underpayment penalty even if you pay everything in full by the filing deadline.

Is my business income part of my personal tax return?

For sole proprietors, single-member LLCs, and most pass-through entities, yes — business profit flows through to your personal Form 1040 via Schedule C or a K-1. That's why business and personal returns are usually most accurate when prepared together rather than treated as two separate problems.

Is Airbnb or short-term rental income passive or active for tax purposes?

It depends on the average length of stay and how involved you are. Most Airbnbs, where the average stay is 7 days or less, are treated as a trade or business rather than passive rental activity — which changes how any losses are treated, and can trigger self-employment tax if you're also providing hotel-like services such as daily cleaning or breakfast.

Can I deduct depreciation on my Airbnb property?

Yes — the building itself (not the land) can be depreciated, and a cost segregation study can accelerate a meaningful portion of that deduction into the first few years instead of spreading it over decades. Keep in mind depreciation lowers your basis, which affects the tax bill when you eventually sell.

Do you handle bookkeeping too?

Bookkeeping isn't included in tax preparation or advisory services — keeping it separate keeps the focus on planning and strategy, where a CPA adds the most value. A trusted bookkeeper referral is available on request.

What does small business tax preparation cost?

A sole prop or single-member LLC return starts at $750; S-corps, partnerships, and multi-member LLCs start at $1,200. Ongoing advisory packages with quarterly planning start at $1,450/year. See the full pricing page, or take the quiz for a ballpark specific to your situation.

Stop finding out what you owe after it's too late to change it.

A short conversation about your business is the place to start — I'll tell you honestly whether a quick annual filing or ongoing planning makes more sense for where you are.