Safe Harbour Tax and Accounting Services

05/11/2026

𝗛𝗼𝘄 𝘀𝗵𝗼𝘂𝗹𝗱 𝗜 𝘁𝗿𝗮𝗰𝗸 𝗺𝗶𝗹𝗲𝘀 𝗶𝗳 𝗜 𝗱𝗿𝗶𝘃𝗲 𝗳𝗼𝗿 𝘄𝗼𝗿𝗸?

You have two main options: the standard mileage method or the actual expense method.

The 𝘀𝘁𝗮𝗻𝗱𝗮𝗿𝗱 𝗺𝗶𝗹𝗲𝗮𝗴𝗲 method is usually simpler. You track your business miles, then multiply them by the IRS mileage rate.

The 𝗮𝗰𝘁𝘂𝗮𝗹 𝗲𝘅𝗽𝗲𝗻𝘀𝗲 method takes more recordkeeping. You track costs like gas, insurance, repairs, and maintenance, then deduct the business-use percentage.

So if 75% of your vehicle use is for business, you may be able to deduct 75% of your eligible vehicle expenses.

The important thing here: 𝘉𝘦𝘵𝘵𝘦𝘳 𝘳𝘦𝘤𝘰𝘳𝘥𝘴 𝘨𝘪𝘷𝘦 𝘺𝘰𝘶 𝘣𝘦𝘵𝘵𝘦𝘳 𝘰𝘱𝘵𝘪𝘰𝘯𝘴.

And if you own the car, your first-year choice can affect what methods are available later.

If you're tracking miles in your business, tell us which method you prefer and why in the comments below.

05/08/2026

Cash flow gaps happen to the best of us. Aside from a bank loan, what’s the most creative way you’ve ever bridged a financial gap?

Let’s share some ideas for the community.

05/07/2026

𝙃𝙤𝙬 𝙙𝙤 𝙄 𝙩𝙧𝙖𝙘𝙠 𝙢𝙮 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙢𝙞𝙡𝙚𝙨 𝙩𝙝𝙚 𝙧𝙞𝙜𝙝𝙩 𝙬𝙖𝙮?

For 2026, the mileage rate is 𝟳𝟮.𝟱 𝗰𝗲𝗻𝘁𝘀 𝗽𝗲𝗿 𝗺𝗶𝗹𝗲. So if you drove 12,000 business miles, that’s an $8,700 deduction.

But to claim it, you have to keep a log that proves it. Your log must include:
• Date of the trip
• Where you went
• Business purpose
• Miles driven

And make sure you track this as you go rather than trying to rebuild it later.

Also worth knowing:
• Commuting from home to your regular office isn’t deductible…
• Driving between work locations or to client meetings is!

Comment MILEAGE below if you want help figuring out the right mileage tracking method for your business.

05/06/2026

𝙄𝙛 𝙄 𝙨𝙩𝙖𝙧𝙩 𝙢𝙮 𝙤𝙬𝙣 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨, 𝙖𝙢 𝙄 𝙩𝙖𝙭𝙚𝙙 𝙤𝙣 𝙚𝙫𝙚𝙧𝙮𝙩𝙝𝙞𝙣𝙜 𝙩𝙝𝙚 𝙗𝙪𝙨𝙞𝙣𝙚𝙨𝙨 𝙗𝙧𝙞𝙣𝙜𝙨 𝙞𝙣?

If you do make the leap to leave your 9-to-5 and start your own business, tax obligations do change. Though you’re not taxed on EVERYTHING, you are taxed on your net profit (your revenue minus deductible business expenses).

So if you earn $100,000 and have $20,000 in valid expenses, you’re taxed on $80,000…but only if those expenses are actually tracked.

That means filing:
• Receipts
• Business bank and credit card statements
• Mileage logs, if you drive for business
• Records that show the business purpose

When you’re self-employed, the burden of proof is on you.

If you can’t show it, it’s much harder to claim it.

If you want a tax consultation for setting up your business in a tax smart way so you're compliant with the IRS's requirements, DM us.

05/06/2026

Does the Tariff Refund Process Apply to My Jacksonville Business?

Understand the current tariff refund process. This article breaks down how to verify your eligibility and which tariffs will be refunded.

05/05/2026

𝙒𝙝𝙮 𝙙𝙤𝙚𝙨 𝙢𝙮 𝙩𝙖𝙭 𝙗𝙞𝙡𝙡 𝙛𝙚𝙚𝙡 𝙨𝙤 𝙢𝙪𝙘𝙝 𝙝𝙞𝙜𝙝𝙚𝙧 𝙣𝙤𝙬 𝙩𝙝𝙖𝙩 𝙄’𝙢 𝙨𝙚𝙡𝙛-𝙚𝙢𝙥𝙡𝙤𝙮𝙚𝙙?

Because you’re paying both sides of Social Security and Medicare now.

At a W-2 job, you pay 7.65%, and your employer matches it.

When you’re self-employed, you pay the full 15.3%.

On top of that, you’re also responsible for:
• Paying tax on your profit, not revenue
• Making quarterly tax payments
• Tracking your income and expenses yourself

You can typically deduct half of your self-employment tax, which helps lower your taxable income.

But no one is withholding taxes for you anymore.

That’s the shift that catches people off guard.

A practical next step: estimate your monthly tax set-aside based on your last few months of income, then automate that transfer before the money gets absorbed into everything else.

05/04/2026

"Remember, diamonds are only lumps of coal that stuck to their jobs." -B.C. Forbes

Whether you're trying to stick to a budget, a business plan, a parenting strategy, or an exercise plan, envision the end result and keep at it.

05/01/2026

𝗪𝗵𝘆 𝗶𝘀 𝗴𝗲𝘁𝘁𝗶𝗻𝗴 𝗮 𝗯𝗶𝗴 𝘁𝗮𝘅 𝗿𝗲𝗳𝘂𝗻𝗱 𝗯𝗮𝗱?

Because it means you gave the government too much of your paycheck all year.

We get it. A refund feels good when it hits your account.

But that money was yours the whole time! So, with a few adjustments, you could make that money work for you now.

1. 𝗬𝗼𝘂𝗿 𝘄𝗶𝘁𝗵𝗵𝗼𝗹𝗱𝗶𝗻𝗴
This is the amount your employer takes out of each paycheck for taxes. If too much is coming out, updating your W-4 can help bring that number closer to what you actually owe.

2. 𝗬𝗼𝘂𝗿 𝘀𝗶𝗱𝗲 𝗶𝗻𝗰𝗼𝗺𝗲
If you freelance, drive for an app, sell online, or earn income outside your W-2 job, it’s better to plan for those taxes during the year instead of being surprised later.

3. 𝗬𝗼𝘂𝗿 𝗲𝘅𝘁𝗿𝗮 𝗰𝗮𝘀𝗵
Money sitting with the IRS all year could have been in a savings account, retirement account, HSA, or another place where it had a chance to work for you.

True or false: I’d rather get a smaller refund if it meant keeping more money in my paycheck each month.

04/30/2026

𝘿𝙤 𝙮𝙤𝙪𝙧 𝙗𝙤𝙤𝙠𝙨 𝙢𝙖𝙩𝙘𝙝 𝙮𝙤𝙪𝙧 𝙗𝙖𝙣𝙠 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙧𝙞𝙜𝙝𝙩 𝙣𝙤𝙬?

We don’t mean “close enough”… Do they actually match?

Because if they don’t, expenses never make it into your books, income can get counted twice, your profit ends up looking higher (or lower) than it really is, and you wind up paying taxes based on the wrong number.

We see this more than you’d think. It comes down to having regular reconciliation.

A simple monthly check fixes most of this, so…
• Do it the same day each month
• Match your bank balance to your software
• Review anything that hasn’t cleared
• Clean up old or duplicate transactions

If you waited until tax time to sort things out this year, this is your chance to stay ahead of it for next year.

04/29/2026

Just think if we relied on ChatGPT to talk to you about your taxes.

The thing that sets us apart from those big tax corporations is that we write like we talk. Like a human. Not a machine.

Which means we help you like you're a human, not a number.

https://www.forbes.com/sites/markmurphy/2026/04/27/why-ai-writing-is-quietly-eroding-your-professional-credibility/

04/29/2026

The 2026 Business Mileage Rate vs The Standard Expense Method For Your Jacksonville Business Vehicles

Learn whether using the 2026 business mileage rate or the actual expense method means a bigger business vehicle deduction for your business.