Tax season can be a frantic time for any startup. If you maintain accurate records, managing your business's tax profile should be a year-long process. Keeping up to date in real-time makes the effort come tax season exponentially easier. Here are 5 Common Tax Mistakes that Startups Make, and How to…Read More
Tax season makes a lot of people nervous. They are worried that they might owe money or that they haven’t done their taxes properly. They worry about whether or not they will get a notice that says they are being audited. The truth is that most people can relax. Even if you did make a mist…Read More
As a small business owner, you or your employees may entertain clients or customers. Although these expenses are often necessary to keep, retain and earn new business. There are many different activities that are often thought of as entertainment expenses, but what type of expenses qualify as meal a…Read More
Did you know that in 2021 there are bigger and better tax incentives for small businesses affected by COVID-related shutdowns and disruptions? Similar to last year, the Employee Retention Credit is still a benefit that many businesses qualify for. With tax season quickly approaching, it is important…Read More
The 2020 tax deadline of July 15 is just around the corner. Filing your business taxes can be a hassle, depending on your situation. But when your return is more complex, you might find it's worth hiring a professional. someone who can save you not only time and stress but also money. Consider these…Read More
Tax planning is the analysis and arrangement of a person’s financial situation in order to maximize tax breaks and minimize tax liabilities in a legal and efficient manner. Tax rules can be complicated, but taking some time to know and use them for your benefit can change how much you end up payin…Read More
It’s just about that time of the year again: Tax Season! Maybe you’ve been filling your tax information away neatly in color-coded file folders all year. Or maybe you scanned and saved your receipts and other documents on your computer where you can find them in a second. It's the perfect time t…Read More
Preparing taxes for small business can be a real challenge for owners. Between day-to-day operations to marketing your product, finding time to do yearly small business tax preparation isn’t easy. Small business tax preparation experts can assure your taxes are filed correctly and on time. At the …Read More
It's not a secret: Americans don't like Tax Day. A 2014 survey found 56% don't like doing their taxes, while 26% absolutely hate it. Doing your taxes is a complex process. You have to get all of your documents together, meet with your accountant, and potentially answer more questions. Even if you hi…Read More
Small business taxes can be complicated, especially if the business owner lacks knowledge of small business tax obligations. There is a lot of paperwork involved and the cost of mistakes can be high if you pay less than you owe and become subject to penalties and an audit. Small business owners shou…Read More
