The Profitjets Blog
Finance Writing for People Running the Business
Practical articles on bookkeeping, accounting, tax, payroll and financial strategy, written for founders and operators rather than for other accountants.
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What is Bookkeeping: A Step-by-Step Guide
What bookkeeping covers, how it differs from accounting, and the five-step process behind a clean set of books.
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Permanent Establishment Risk When You Hire in India
What creates a taxable presence, and what an employer of record does and does not solve
10 Legal Tax Loopholes for Small Businesses in 2026
What Is a Tax Loophole, and Is Using One Legal and Loophole 1: S-Corp Reasonable Compensation Split.
10 Taxes You Can Write Off When You Work From Home
What the home office deduction covers, and what disqualifies a claim.
10 Things You Must Know About Form 1099 (2026 Update)
1. There Are Many Types of 1099 Forms, Not Just One and 2. The $600 Threshold Is Changing, Know Which Year Applies.
1099 vs W-2: The Complete Guide for Employers and Workers
The Core Difference at a Glance, IRS Worker Classification: The Three-Factor Test, and Misclassification Risk: What.
1099-NEC vs 1099-MISC: Key Differences and When to Use Each (2026 Update)
Quick Reference: 1099-NEC vs 1099-MISC, What Is Form 1099-NEC, and What Is Form 1099-MISC.
5 Benefits of Filing Your Taxes Early
Why You Should File Before the April Deadline, Benefit 1: Get Your Refund Faster, and Benefit 2: Protect Yourself.
6 Ways to Maximize Your 401(k) or IRA Contributions
Why Retirement Account Contributions Are a Tax Priority and Way 1: Contribute to the Annual Limit.
7 Steps to Prepare Your US Corporate Tax Return
Overview: Corporate Tax Filing in the US, Step 1: Reconcile Your Financial Statements, and Step 2: Compute.
A Comprehensive Guide to California State Disability Insurance Tax, SDI Tax
Who pays, how much, and what the employer has to withhold.
Adjusted Gross Income (AGI): What It Is and How to Calculate It
What Is Adjusted Gross Income (AGI), What Counts as Gross Income, and Above-the-Line Deductions That Reduce AGI.
All You Need to Know About State Tax Registration
When you have to register, for what, and what happens if you do not.
Best Tax Filing Software and Apps for 2026
Consumer Tax Software: Side-by-Side, IRS Free File, and Business Tax Software.
Best Tax Software for Taxpayers in 2026, Top Picks & Reviews
Which tool suits which return, and where software stops being enough.
Bonus Depreciation and Section 179: Maximizing First-Year Asset Write-Offs
Why First-Year Write-Offs Matter, Bonus Depreciation: Phase-Down Schedule, and Section 179: Expensing Election.
C-Corporation Tax Guide: Rates, Filing, and Strategies
C-Corporation Tax Rate: 21% Flat, The Double Taxation Problem, and C-Corp Estimated Tax Payments.
California Estate Tax: Does California Have an Estate Tax in 2026?
Does California Have an Estate Tax, Federal Estate Tax Still Applies, and California High Property Values: Why.
California Payroll Taxes: SDI, SUI, ETT, and State Income Tax Withholding
Overview: California's Four Employer Payroll Tax Obligations, 1. Unemployment Insurance (UI), and 2. Employment.
California's Infamous 'Exit Tax' and Strategies to Minimise Tax Liability
What the term really means, and how residency is decided on the way out.
California's Inheritance Tax and Strategies to Manage Tax Liability
What California does not charge, and what still applies federally.
Can You Claim Tax Deductions Without Receipts? What the IRS Allows
The IRS Receipt Requirement, What the Law Actually Says, The $75 Receipt Threshold, and The Cohan Rule: Estimates in.
Federal Gas Tax: How Much It Is and How It Works
The Federal Gasoline Tax: 18.4 Cents Per Gallon, Federal Fuel Tax Rates, and Where the Money Goes: Highway Trust Fund.
Federal Income Tax: How is Your Tax Calculated?
The calculation from gross income to the figure you actually owe.
Federal Tax Classifications, A Business Owner's Guide
How the IRS classifies a business, and what each classification costs.
What we write about
Eight topics we come back to
Pick a topic and the library above filters to it.
Bookkeeping
Clean books, reconciliations, chart of accounts and month-end close.
Accounting
Close process, financial statements, cash against accrual, and reporting that gets used.
Tax
Preparation, planning, entity choice, deductions, quarterly estimates and the IRS forms behind them.
CFO
Forecasting, cash flow, fundraising readiness and the executive roles founders confuse.
Payroll
Withholding, payroll taxes, W-2s and 1099s, and multi-state teams.
Metrics
The ratios and statements that tell you what is actually happening in the business.
Software
QuickBooks, Xero, NetSuite and the tools that feed them.
Business Finance
Entity formation, banking, budgeting, funding and getting the finances in order.
Would You Rather We Just Did It?
Reading about reconciliation is useful. Not having to do it is better.