The 7 Benefits of Forming a Corporation
With new business applications picking up steam halfway through the year, according to the Census Bureau, 2024 promises…
Browsing Tag
IRS
27 posts
Navigating Tax Planning and Compliance for Small Businesses
Tax planning and compliance is a tricky topic to discuss and navigate for all businesses, whether big or…
Small Business Tax Breaks for Charitable Giving
Charitable giving is a great way to positively impact the world. However, small businesses may have difficulty finding…
What Entrepreneurs Need to Know About the Home Office Deduction
You may see your home office as the place you take important business calls, the place you meet…
The Benefits of Keeping Tax Records All Year Round
Although we think of tax season as that period between January 1 and mid-April, it’s an ongoing event.…
Dodge These 5 Common Tax Mistakes Entrepreneurs Make
Starting and running a business requires precise attention to detail—especially when it comes time to file your business…
Maximize Your Deductions: The Tax Advantages Every Entrepreneur Should Know About
Whether it’s your first year as a startup or you’re battle-worn after years in the trenches, you’ve learned…
How the New Tax Laws Might Affect Your Startup’s Financing
Many entrepreneurs in the U.S. have been keeping up with the recent changes to the tax law, passed…
4 Budget-Friendly Accounting Tools for Entrepreneurs
Small business accounting tools can be a lifesaver for all entrepreneurs. Let’s be honest: accounting and bookkeeping are…
How to Banish Your Bookkeeping Nightmares
For entrepreneurs and small business owners who don’t have an accounting background, bookkeeping and taxes can be intimidating…
Sole Proprietor? Here’s What You Need to Know About Filing Taxes
The first thing to know about being a sole proprietor is that a sole proprietorship is a specific…
4 Considerations for Choosing the Right Tax Preparer
Taxes can be taxing for entrepreneurs and small business owners. Thankfully, tax season is nearly done and dusted,…
4 Strategic Accounting Tips for Scaling Your Startup
When you’re getting a startup off the ground, it’s easy to get so caught up in the fun…
Should You Incorporate Your Business as an LLC for Tax Breaks?
One of the biggest appeals of incorporating as an LLC has long been the ability to save money…
Managing Taxes in the Gig Economy
The gig economy can be a wonderful way to supplement your income while you’re building a new business.…
Why Payroll Matters to Your Startup
According to a recent survey of 869 entrepreneurs, 74 percent were concerned about hiring good people. And, once…
Tax Deductions To Take Advantage of this Holiday Season
With the holiday season upon us, many company employees are looking forward to being able to kick back…
Accounting Errors Small Business Owners Make in the First Year
I’ve worked in accounting my whole career, so I can say this without shedding a tear: hardly anybody…
Managing Estimated Taxes: Gig Workers and Form 1099
Freelancers and others in the gig economy are treated as small businesses by the IRS. Income is reported…
Managing the Challenges of Estimated Taxes as an Entrepreneur
The hardest part of self-employment may well be dealing with estimated taxes. Nothing about the system is straightforward,…