Tax laws can be confusing, especially with the constantly changing stipulations for business filings. Learn where and how to get information about new business tax laws to ensure your company is poised for the most tax benefits.
Believe it or not, many small business owners neglect to obtain the necessary licenses that allow them to legally operate their business in the city or town in which they live. This is a serious mistake.
Not too long ago, there was only one option when it came time to pay those corporate taxes. Today, there is another option for small business owners.
A lot of the time, the business structure you choose for your small business will be determined by the tax situation. Let’s take a look at all 3 of them – so you save the most money possible.
Tax time is upon us once again, and that means its time to prepare your finances and start filing. But first, here are a few things to remember so you don’t end up on the wrong side of the law.
It seems as though, every year, there is a lot of coverage in the media in regards to government focuses on things like tax breaks and tax cuts. While there is a general idea out there that tax breaks and cuts are a good thing, not many people really understand what they mean or how they apply to them.
Once the Season of Giving has passed, it is time for small businesses to start focusing on the Season of Taking, also known as tax time.
Getting ready for tax season is something that should be on your mind year round. Waiting until the last minute is a recipe for disaster.
One thing that no one likes to talk about, unless you are a certain type of bureaucrat, is taxes of any form. Taxes are highly complicated, irritating, and boring – but unfortunately, they are a sure part of business life.
Come tax time, you might not have all the necessary business documents ready, or you might not have been able to file your taxes on time due to unforeseen circumstances. If you need more time to file your tax returns, the IRS has certain guidelines for filing for an extension.