Running a small business can be expensive. Thankfully, smart tax strategies can help lower your tax burden and make sure you keep more of your hard-earned profits. By taking advantage…
Every dollar saved in taxes is a dollar that can be reinvested into your business. Tax deductions allow small business owners to lower taxable income legally by writing off necessary…
For C corporations, tax season demands attention. As a distinct business structure, C corps are treated as separate legal and taxable entities from their owners. This means the corporation pays…
LLCs are known for their flexibility, and that extends to their taxes—but with flexibility comes complexity. Whether you’re running a solo side hustle or managing a growing partnership, the way…
Feel like taxes sting a bit more when you work for yourself? You’re not imagining things. Self-employment tax is the price of freedom in business—a tax burden that lands squarely…
You and your business partner just wrapped up a stellar year. The late nights of endless brainstorming marathons and countless cups of coffee paid off. But as you celebrate your…
You’ve built your business and put in countless hours to get it thriving. But then small business tax season rolls around, and suddenly, you’re reading through rules and deadlines, scrambling…
Running your own business is an adventure. There’s independence and the satisfaction of building something that’s all your own. But when small business tax season rolls around, sole proprietors don’t…
As a small business owner, you work hard for the money you earn and every penny matters. Tax deductions can help minimize your overall income tax bill, which might increase…
We know as a small business owner you care about your employees and their families. But it is difficult to support them when your business is struggling. Small businesses in…
When most people hear a term like ‘1099 Tax Form’, their eyes glaze over and they start thinking about what’s for lunch. So, what is a 1009 form? As a…
Tax season can be stressful for small business owners and freelancers, but it doesn’t have to be. While no one looks forward to filing taxes (except maybe your accountant), avoiding…
