Sailing the Open Seas: Boats and Taxes
Can a boat be a tax write-off? It depends entirely on how you use it. This post covers the three scenarios where a boat can generate legitimate deductions: business use, charter operations, and the second home mortgage interest deduction. We also cover the property tax angle and what the IRS actually looks for when luxury assets are involved. Updated for 2026.
Small Business Taxes FAQ: 10 Common Questions Answered
Managing taxes as a small business owner does not have to be overwhelming. This post answers the 10 most common small business tax questions, covering estimated quarterly payments, self-employment tax, home office deductions, startup costs, mileage, LLC vs. S-Corp differences, business meals, EINs, bad debts, and recordkeeping rules. Updated for 2026 with current IRS rates and direct links to official IRS resources.