Tax Archives - Page 8 of 11 - Small Business Accounting & Finance Blog

Posts for Tax

how to incorporate a business

How to Incorporate a Business – 6 Easy Steps!

Tax - Krystal - December 1, 2020

How to Incorporate a Business? In today’s post, we’ll be going over everything you need to know about incorporating a business. If…

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2021 tax brackets

New 2021 Tax Brackets You Need To Know About (Complete Overview)

Tax - Keran Smith - November 23, 2020

The IRS just released the new Income Tax Brackets and Standard Deductions for 2021. Why? Each year the IRS adjusts more than…

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payroll taxes vs income taxes

Payroll Taxes vs. Income Taxes | What’s the Difference Between Payroll and Income Tax?

Tax - Sherman - November 17, 2020

Who knew that Uncle Sam came in so many forms? We mean…there’s federal taxes, state taxes, sales taxes, Medicare taxes, social security,…

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PPP loan forgiveness

PPP Loan Forgiveness Update: Why You Should Wait Before Applying

Tax - Sean Standberry - November 16, 2020

As Robert Browning once put it. “It’s GOOD to forgive. BEST to forget” That’s why in this post, we want to help…

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home-based business tax

Home Based Business Tax Advantages and Deductions

Tax - Keran Smith - November 11, 2020

More than half of all businesses in the United States are now home-based. And if you own a home-based small business or…

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tax benefits of LLC

Tax Benefits of LLC | LLC Taxes Explained by a CPA – How does a LLC save taxes?

Tax - Sherman - November 9, 2020

LLCs are by far the most popular entity type amongst small businesses. But what exactly are the benefits of an LLC? How…

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tax loss harvesting

Tax Loss Harvesting Explained: How To Gain by Selling At A Loss

Tax - Keran Smith - November 6, 2020

If you ever questioned whether you should sell stocks for a loss, tax loss harvesting may be the answer you were looking…

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1099 vs w2

1099 vs W2: How Should You Pay Your People?

Tax - Sean Standberry - November 5, 2020

We’ve got an important post for you today because we’re going to discuss whether you should pay your employees through as a…

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small business tax filings

Small Business Tax Filings – Everything You Need to Know to Avoid IRS Penalties!

Tax - Krystal - November 4, 2020

In today’s post, we’ll be going over everything you need to know about tax filings for your small business and how to…

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tax write offs for small businesses

14 Biggest Tax Write Offs for Small Businesses! [What the Top 1% Write-Off]

Tax - Sherman - November 3, 2020

Every year, more than 2 million taxpayers overpay their income taxes. And this isn’t just pocket change. Taxpayers are overpaying by close…

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