The average savings per tactic by category for those who utilized that tactic, and the total average tax savings across the real estate industry.

Industry Data: Tax-Saving Tactics for Real Estate Professionals

The seven most common tax savings tactics for real estate agents

How real estate agents save thousands on taxes

S-Corps can provide significant tax savings for the self-employed, by structuring your business the way a corporation would.

Do S-Corps Work? A Data-Backed Guide for the Self-Employed

S-Corp election makes sense for most self-employed professionals, and saves thousands on taxes by structuring your business the way a corporation would.

S-Corps save the self-employed thousands on taxes

One of the best tax deductions for S-Corporations is the Business Miles Deduction. But taking the deduction comes with some requirements, here's what you need to know.

Mileage Tax Deduction for Self-Employed

Small Tips Big Savings: Track Your Miles

Tracking Your Miles

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Formations Blog

Formations is proud to introduce MAX, our revolutionary AI-driven tool designed to cut through the confusion and put comprehensive tax strategies and benefits within reach of 1099 professionals.

Formations' AI Tax Assistant Gives Instant Insights for the Self-Employed

Waiting on Your CPA? Formations' AI Tax Assistant Gives Instant Insights for the Self-Employed

Starting January 2024, agents will now be able to receive their commission into an LLC. This offers a new, efficient way for agents to manage their taxes and run their businesses more effectively.

Texas Real Estate Agents: Embrace New LLC Opportunities in 2024

Texas Real Estate Agents: Embrace New LLC Opportunities for Tax Efficiency in 2024

Reducing your self-employment taxes through an S-Corp can result in huge tax savings, but sometimes raises the question: does paying less in tax impact my Social Security Benefit upon retirement?

Will Moving to an S-Corp Impact Your Overall Social Security Benefit When You Retire?

PLLC stands for professional liability company. They are a specialized business structure for 1099 professionals licensed in fields such as law, medicine, or architecture.

PLLC VS LLC for Independent Contractors

Shifting from an LLC to an S Corp is a strategic move. Let's dive into the process of adopting S Corp taxation and the advantages.

Convert LLC to S Corp: a Step-by-Step Guide

The lack of affordable and quality healthcare is a pressing issue for this growing segment of the US workforce. Recent studies have shown that self-employed working-age adults often struggle to obtain adequate health insurance coverage, regardless of their location. 

Vault Tailors Health Insurance for the Self-Employed

In this blog post, we're your guide to the world of business structures for the self-employed. We have three resources below to help you explore options and get the information you need to make an informed decision.

Formations Blog

Formations Blog

Do S-Corps Work? A Data-Backed Guide for the Self-Employed

Industry Data: Tax-Saving Tactics for Real Estate Professionals

Do S-Corps Work? A Data-Backed Guide for the Self-Employed

Tracking Your Miles

Waiting on Your CPA? Formations' AI Tax Assistant Gives Instant Insights for the Self-Employed

Texas Real Estate Agents: Embrace New LLC Opportunities for Tax Efficiency in 2024

Will Moving to an S-Corp Impact Your Overall Social Security Benefit When You Retire?

PLLC VS LLC for Independent Contractors

Convert LLC to S Corp: a Step-by-Step Guide

Vault Tailors Health Insurance for the Self-Employed

How to Choose the Right Business Structure