Small business owners are fully aware of the many duties that come with the job. Sometimes, you have to jump into other tasks that aren’t specifically your responsibility like inventory management or customer relations. That may even mean doing your… Read More
Archive for the ‘Tax Information’ Category
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Tax Deductions Every Small Business Owner Should Know About
Many small business owners dread tax time, as it means looking through all of their receipts and trying to determine whether or not they can claim any tax deductions from them. This process can be incredibly confusing, and many businesses… Read More
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3 Reasons Your Small Business Needs a Professional Accountant
Taking the chance on a small business idea is both thrilling and terrifying. There is always a lot of work to do and a lot at stake, making it that much more important that your small business’s bookkeeping and accounting… Read More
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Tax Tips: Claiming Travel Expenses
When you need to travel for business, it can be difficult to determine which expenses you can claim on your taxes. It’s important to do your research by checking out the official IRS website for rules and guidelines, but you… Read More
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Quarterly Accounting Tasks for Small Business Owners
The main quarterly accounting tasks for small business owners are related to taxes. State, federal, and local bureaus require some quarterly tax information to keep track of your business and collect on taxes you may owe. This can be a… Read More
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Tax Planning: Understanding The Importance For Small Businesses
There is no denying that tax planning will always be a vital step for any small business. In fact, while the deadline for filing your taxes is still a few months away — it’ll definitely come along a lot sooner… Read More
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The Most Overlooked Tax-Deductible Expenses Among Business Owners
For business owners, there are so many benefits associated with making the most out of your tax-deductions — it can really change the trajectory of your business in the long run. In fact, business owners should always be aware of any… Read More
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Tax Changes – How Will Tax Season 2022 Look?
The 2022 tax season is the third one since the COVID-19 pandemic began, and as has been the trend, there are a lot of changes. It’s unlikely that the 2022 tax season will look like it did in past years,… Read More
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What in the World is the Withholding Tax?
The only thing that is as certain as paying taxes is how complex they are. There’s no way around it: taxes are confusing. That’s the way they’ve been for centuries (when collectors took wheat or rice instead of coins or… Read More
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More Advice for Correctly Claiming Tax Dependents
Taxes are no joke. There’s a reason why they are included in a popular joke about the only constants in life. Whenever you go to fill out and file tax-related paperwork, you must do so with caution. The IRS doesn’t… Read More