When learning about a new financial term like depreciation, you’ll come across a number of different definitions. The good news is we’ve put them all in one place. And our team did a deep dive into why depreciation is important for the self-employed, so you don’t have to.

Depreciation 101

Preparing regular financial statements is the best way to treat your business like a business and start making smarter financial decisions.

Why Real Estate Agents Should Prepare Financial Statements

What does increased IRS funding really mean for taxpayers and the self-employed? Will audits increase? Should small businesses be worried?

The IRS is Set to Get $80 Billion in New Funding | Formations

The IRS is Set to Get $80 Billion in New Funding

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Formations Blog

Audits don't have to be scary. Here's what you can do to protect yourself from an audit and what to do if you're audited.

How To Protect Yourself From An Audit | Formations

Audits don't have to be scary. Here's what you can do to prevent yourself and your business from getting audited and what to do if it happens.

Protect Yourself and Your Business from an Audit

How to Protect Yourself from an Audit

If you're a real estate agent, make sure you're not missing out on this business structure.

Six Reasons an S-Corp Makes Sense for Real Estate Agents

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?

Today Formations announced the closing of our $8M Round A funding, led by Arthur Ventures. First and foremost, we want to extend our heartfelt gratitude and appreciation to our customers who trust us to help them maximize their financial well-being and achieve financial longevity for their business. These early adopters of our solution help pave the way for millions of self-employed individuals by showing them that there’s a different way to run their businesses and manage their financials.

Formations Raises $8M Series A

Electing to be an S-Corp provides a ton of benefits to you, the business owner. And it also raises the bar for what you’re required to do as a business owner.

What You Need to Know About 1099s as an S-Corp Owner

One of the goals you should have as a business owner is to save for your future retirement.  Because you are drawing a salary through your business as an S-Corp owner, you have the distinct advantage of being both the employer and the employee, which, with the right account set up, may allow you to maximize overall contributions.

Retirement Account Options for the S-Corp Owner

Taxes can be really stressful—you already know that which is why you’re here. We just wanted to take a moment and acknowledge your struggle. Now, we’ll get to the business of getting your business taxes paid. As an S-Corp, you’re likely to benefit from a host of taxation advantages.

Formations Blog

Formations Blog

The IRS is Set to Get $80 Billion in New Funding

Depreciation 101

Why Real Estate Agents Should Prepare Financial Statements

The IRS is Set to Get $80 Billion in New Funding

How to Protect Yourself from an Audit

Six Reasons an S-Corp Makes Sense for Real Estate Agents

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

Formations Raises $8M Series A

What You Need to Know About 1099s as an S-Corp Owner

Retirement Account Options for the S-Corp Owner

Preparing Your Year End S-Corp Tax Report