Self-Employment Tax Credits: Debunking Tax Misinformation
Recently, social media influencers and marketers have been promoting a so-called “self-employment tax credit.” However, no such credit…
Browsing Tag
Taxes
78 posts
The Most Common Legal Issues Small Businesses Will Face
The entrepreneurial spirit thrives on innovation and determination. However, the road to success for small businesses is often…
How to Calculate Annual Gross Income: A Step-by-Step Guide
Understanding your financial health starts with one critical figure: your annual gross income. This isn’t just a number;…
An Expert Guide to the Best Tax Preparation Resources for Startups
In our quest to streamline tax season for startups, we’ve gathered insights from business owners and founders, among…
Why Being a Tax Preparer is an Ideal Work-From-Home Job
The season for filing 2023 income taxes is upon us, and what better time to consider a side…
Why the Beginning of the Year is the Best Time to Start a Business
The beginning of the year has always been a popular time to start a business, and with good…
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…
Make Filing Small Business Taxes Easier With These 5 Thoughtful Tips
Small business owners and startup owners have countless responsibilities which can make running and managing a small business…
5 Mistakes to Avoid When Filing Your Taxes
The process of filing taxes may be intimidating and difficult, and if you’re not cautious, you might make…
8 Great Ways Tax Filing Benefits Your Business
Yes, you read the title right. Filing your tax return could potentially contribute something better to your business…
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…
Award-Winning Finance Expert Shares 5 Financial Musts Before Jumping Into Entrepreneurship
So, you want to start your own business — in which you are your own boss and you’re…
Mistakes This Entrepreneur Made With Her Startup’s Finances (and How to Learn From Them)
Business owners are dealing with unprecedented times right now. Many entrepreneurs are struggling to keep their businesses afloat,…
4 Factors to Consider When Choosing a Business Structure
Structuring your business is one of the first—and most important—decisions you make in your entrepreneurial journey. Your business…
How President Biden’s Tax Reform Could Impact Your Small Business
Information about tax changes the Biden administration is considering have recently leaked, creating some big headlines in media.…
3 Dangers of an Unincorporated Business (and How Incorporation Can Resolve These Problems)
Often, one of the first pieces of advice an entrepreneur receives when they start a business is to…
3 Key Benefits of an S Corporation Election
The deadline for S Corporations to file their annual tax returns is March 15, which means businesses with…
How to Form an LLC in Michigan
Starting a business is an exciting journey. For many entrepreneurs, starting a business is their chance to take…
LLC or Corporation: Which Entity is Best For My Business?
Two of the most popular entity formations for business incorporation are limited liability companies (LLCs) and corporations. Both…
5 Ways to Cut Business Expenses During COVID-19 to Remain Focused on Long-Term Growth
As entrepreneurs continue to navigate the uncertainty of COVID-19, many are focused on increasing sales; however, lowering expenses…