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Just about every business needs a vehicle. Some use cars to visit customers, clients, vendors, or run business chores—to the bank, to see an attorney or other business advisor, or to scope out new business. Others use vans to carry tools of the trade to worksites. And still, others use cars or truc Read More

The coronavirus pandemic has brought out the best in many small business owners despite their own financial hardships. Many have generously given to help others in their communities and beyond. They’ve supported causes with cash and other types of donations. Read More

Death and taxes are two certainties in life. In both cases steps you take now can help you prepare for that inevitable down the road. Read More

The MTD initiative includes some changes that business owners will need to follow in order to make sure that they’re in full compliance. This article shares everything small businesses should know about Making Tax Digital initiative. Read More

60% of small business owners feel they don’t know enough about accounting or finance. Learning about the financial system and tax breaks in place can help you save big and benefit your business. Read More

New transfer pricing rules enacted by UK government will have major impact on SMEs. Learn all about it here. Read More

Due to changes in various tax rules made by the Tax Cuts and Jobs Act, the IRS has completely redesigned Form W-4 for 2020, which is used for income tax withholding purposes. The new form is intended to be more transparent and produce greater accuracy in withholding. Employers need to know when and Read More

Small business owner with employees should get to know the IRS’ Electronic Federal Tax Payment System, a free tool to help manage and meet tax obligations. The experts at Optima Tax Relief highlight what every small business owner needs to know about the EFTPS. Read More

Keep your eye on this 2020 tax calendar. Otherwise you may miss any deadlines that could trigger penalties. Or cause the loss of time-saving opportunities.

Not all types of businesses have the same filing deadline for their income tax returns: Read More