Avoid the CTP (crippling tax payments) on April 15th by making estimated tax payments during the year. Read More
Mileage can be a very important tax deduction. However, accurate and complete records are critical to taking full advantage of the mileage deduction. Read More
As a business owner, you shouldn’t take your duty to file 1099-MISC lightly. The penalties for not filing or filing late are steep and can add up. You have until January 31, but don’t wait until the last minute. Read More
Although telephone and e-mail scams involving the IRS are not new, the quantity of reports have been increasing in recent years (over 290,000 calls have been reported to the IRS since October 2013), and the sophistication of the scammers has been increasing as well. This week, I’d like to examine Read More
When it comes to taxes, past performance is a great indicator of the types of deductions that businesses typically take each year. Here are some of the most popular tax deductions for small business that were claimed by sole proprietors as determined by the dollar amounts, starting with the largest Read More
Are you sending the wrong signal to the IRS?! A lot of things tax payers do may be increasing their risk of being audited. When time it money, an IRS audit can be really expensive. Here’s a list of commonly believed audit red flags and possible audit triggers. Read More
Savvy small business owners know that the best time to prepare for tax season is way before April! So, what are the best smallbiz tax tips for 2016? Check out our guide to make this your easiest tax year yet! Read More
If your small business received an IRS tax notice, there's no need to fret. There are simple and straightforward ways to resolve any issues with your account or return. Read More
Tax time is upon and many entrepreneurs are now scrambling to find help with their returns. But, before you turn all of the work over to an accountant, there are a few things every owner should know about their business taxes. Read More
The new year brings new opportunity, but it’s also a crunch time for small businesses. While there are a number of things you can do to help boost cash flow at this time of year, one of the most significant decisions you’ll make regarding cash flow is to prepare your tax strategy. Here are five tax Read More
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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!