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

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

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.

Preparing Your Year End S-Corp Tax Report

Download our S-Corp guide to better understand how an S-Corp is managed, what its key benefits are, and how you can use it to save on taxes.

Formations Beginner's Guide to Running an S-Corp

So, you’ve taken the leap and upgraded your LLC to an S-Corp!  Congratulations! Now you are probably wondering what expenses you should be keeping track of to maximize the tax benefits. Well, as an S-Corp there are quite a few business expenses that you can take advantage of. Here at Formations, we'd be delighted to share!

Tax Deductions You Can Enjoy as an S-Corp

As a business owner, you'll likely need to apply for an Employer Identification Number (EIN) at some point. You'll need to use it when opening company bank accounts, applying for business loans, or filing business related tax forms.

How To Get An Employer Identification Number

What do you do if you are unable to complete your business or personal tax return by the filing deadline? You file an extension!

Formations Blog

Formations Blog

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

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

Formations Raises $8M Series A

Preparing Your Year End S-Corp Tax Report

Formations Beginner's Guide to Running an S-Corp

Tax Deductions You Can Enjoy as an S-Corp

How To Get An Employer Identification Number

Everything You Need to Know About Tax Extensions