The Journal

Tax & accounting insight

Plain-English guidance for companies and private clients across the US, UK & UAE — 284 articles and growing.

Marketplace facilitator sales tax - Tranzesta guide
E-commerce & Sales Tax

Marketplace Facilitator Sales Tax Laws Explained

Marketplace facilitator sales tax laws: when Amazon, Etsy or eBay collect and remit sales tax for you – and what you sti…

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How to pay yourself from an LLC - Tranzesta guide
Business Structure & Entities

How to Pay Yourself From Your LLC

How to pay yourself from your LLC: owner’s draw vs salary, how single-member and multi-member LLCs differ, and the tax i…

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QBI deduction Section 199A - Tranzesta guide
Tax Planning & Retirement

The QBI Deduction (Section 199A) Explained

The QBI deduction (Section 199A): who qualifies for the up-to-20% pass-through deduction, the income limits, and how it …

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Bookkeeping for Etsy sellers - Tranzesta guide
Bookkeeping & Accounting

Bookkeeping for Etsy Sellers: A Simple System

Bookkeeping for Etsy sellers: a simple system to track fees, shipping, cost of goods and income – and stay ready for tax…

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Crypto cost basis methods - Tranzesta guide
Cryptocurrency Tax

Crypto Cost Basis: FIFO vs HIFO Explained

Crypto cost basis explained: FIFO vs HIFO vs specific identification, how each affects your capital gains, and how to tr…

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What is an EIN - Tranzesta guide
Business Structure & Entities

What Is an EIN and How to Get One (Free)

What is an EIN and how to get one free from the IRS: who needs one, what it’s for, and the quick online application – in…

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How to set up an LLC - Tranzesta guide
Business Structure & Entities

How to Set Up an LLC (Step-by-Step 2026)

How to set up an LLC step by step: choosing a state, name, registered agent, filing the articles, getting an EIN, the op…

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Estimated taxes for S-corp owners - Tranzesta guide
Tax Planning & Retirement

Estimated Taxes for S-Corp Owners Explained

Estimated taxes for S-corp owners: how the salary and distribution split changes your quarterly payments and how to calc…

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Business start-up costs deduction - Tranzesta tax guide
Business Deductions

Business Start-Up Costs: What You Can Deduct

Business start-up costs: what the IRS lets you deduct and amortize when launching, and how to claim it correctly in your…

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How to amend a tax return Form 1040-X - Tranzesta guide
IRS & Tax Resolution

How to Amend a Tax Return (Form 1040-X)

How to amend a tax return with Form 1040-X: when to amend, how to file, deadlines and what to expect – a plain-English g…

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Sales tax for SaaS companies - Tranzesta guide
E-commerce & Sales Tax

Sales Tax for SaaS Companies: A 2026 Guide

Sales tax for SaaS companies: is software taxable, economic nexus, state-by-state differences and how SaaS businesses st…

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Roth vs Traditional IRA - Tranzesta retirement tax guide
Tax Planning & Retirement

Roth vs Traditional IRA for the Self-Employed

Roth vs Traditional IRA for the self-employed: how each is taxed, contribution and income rules, and which suits your si…

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Quarterly bookkeeping checklist - Tranzesta guide
Bookkeeping & Accounting

Quarterly Bookkeeping Checklist for Small Business

Quarterly bookkeeping checklist: the exact tasks to reconcile, review and tidy your books every quarter so tax time is p…

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How to file 1099s for contractors - Tranzesta guide
Payroll & Employment Tax

How to File 1099s for Your Contractors (Employer Guide)

How to file 1099s for your contractors: who needs a 1099-NEC, W-9s, deadlines, e-filing and avoiding penalties – the emp…

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Home office deduction methods - Tranzesta tax guide
Business Deductions

Home Office Deduction: Simplified vs Actual Method

Home office deduction: the simplified method vs the actual-expense method compared – who qualifies, what you can claim a…

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How to run S-corp payroll - Tranzesta guide
Payroll & Employment Tax

How to Run S-Corp Payroll (Owner’s Guide)

How to run S-corp payroll: setting a reasonable salary, registering for payroll, withholding, Form 941 and W-2 – the own…

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Estimated tax safe harbor rule - Tranzesta tax guide
Tax Planning & Retirement

Estimated Tax Safe Harbor Rule: Avoid the Penalty

Estimated tax safe harbor rule: pay enough through the year to avoid the underpayment penalty – the 90%/100%/110% safe-h…

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1099-K thresholds 2026 - Tranzesta tax guide
E-commerce & Sales Tax

1099-K Thresholds 2026: What Sellers & Creators Must Know

1099-K thresholds 2026: what the changing reporting rules mean for sellers and creators, what to do if you get one, and …

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Hobby vs business IRS test - Tranzesta tax guide
Tax Planning & Retirement

Hobby vs Business: How the IRS Decides

Hobby vs business: how the IRS decides using the profit-motive factors, why it matters for your deductions, and how to s…

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Bookkeeping for multiple income streams - Tranzesta guide
Bookkeeping & Accounting

Bookkeeping for Multiple Income Streams (Side Hustles)

Bookkeeping for multiple income streams: how to keep clean books across side hustles, W-2 plus 1099 income, 1099-Ks and …

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How to pay estimated taxes online - Tranzesta tax guide
Tax Planning & Retirement

How to Pay Estimated Taxes Online (Direct Pay & EFTPS)

How to pay estimated taxes online: IRS Direct Pay, EFTPS and your Online Account, the quarterly schedule, safe-harbor, a…

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Mileage vs actual vehicle expenses - Tranzesta tax guide
Business Deductions

Mileage vs Actual Vehicle Expenses: Which Saves More?

Mileage vs actual vehicle expenses: the two methods explained, what qualifies, the year-one rule and how to choose the o…

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Short-term rental loophole - Tranzesta real estate tax guide
Real Estate Tax

The Short-Term Rental Loophole: Material Participation

The short-term rental loophole: how the average-7-day rule and material participation let STR losses offset active incom…

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Tax-loss harvesting for stocks - Tranzesta tax planning guide
Tax Planning & Retirement

Tax-Loss Harvesting for Stock Investors (2026)

Tax-loss harvesting for stock investors: offset capital gains, the wash-sale rule, carryforwards and year-end timing to …

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