multiple businesses pagesepsitename%%

Home » multiple businesses

How Does the QBI Deduction Work If I Own Multiple Businesses?

August 18, 2026August 26, 2026Small Business Tax Consultant, Small Business Tax Tips, Tax Deductions, Tax Strategies

If you own one business, calculating your Qualified Business Income (QBI) deduction can already get complicated. Own two or three businesses? Now you have another question: Does the IRS calculate the QBI deduction separately for each business, or can you combine them? The answer can potentially make a significant difference in your tax bill. Section...Continue reading

Can My Spouse Use My Home Office?

August 9, 2026August 26, 2026Small Business Tax Consultant, Small Business Tax Tips, Tax Deductions, Tax Strategies

Can My Spouse Use My Home Office and Still Qualify for the Deduction? You have a legitimate home office that you use to run your business. Then your spouse sits down at your desk to pay some personal bills. Or maybe your spouse works from home occasionally and uses your office. Perhaps you have a...Continue reading