financial news


Stay up-to-date with Salazar CPA and all the latest financial news.

May 26, 2022

Want to turn a hobby into a business? Watch out for the tax rules

Like many people, you may have dreamed of turning a hobby into a regular business. You won’t have any tax headaches if your new business is […]
May 12, 2022

Once you file your tax return, consider these 3 issues

The tax filing deadline for 2021 tax returns is April 18 this year. After your 2021 tax return has been successfully filed with the IRS, there […]
May 11, 2022

Converting from a C corporation to an S corporation? Tax issues to assess.

Operating as an S corporation may help reduce federal employment taxes for small businesses in the right circumstances. Although S corporations may provide tax advantages over […]
May 4, 2022

Fully Deduct Business Meals this Year

The federal government is helping to pick up the tab for certain business meals. Under a provision that’s part of one of the COVID-19 relief laws, […]
February 22, 2022

Can you deduct the costs of a spouse on a business trip?

Can you deduct the costs of a spouse on a business trip? If you own your own company and travel for business, you may wonder whether […]