Category Archives: Tax Management

What to Do If You Owe Taxes

Taylor Gordon — March 1, 2019 — March 1, 2019 Finding out that you owe taxes can be a bit unnerving, especially if you owe more than what you expected. Don’t worry — it is not the end of the world if you’ve gone through the numbers and you’re left with a tax bill. Here … Continue reading What to Do If You Owe Taxes →

How to Get Your Business (and Your Bookkeeping) Ready for Tax Season

Tax Management

Katherine Pendrill — February 25, 2019 — February 25, 2019 There are few phrases more panic-inducing for business owners than “tax season.” This is especially true for business owners who may have fallen behind on their bookkeeping. However, tax season doesn’t have to be the nail-biting, sweat-inducing, anxiety-ridden ordeal that some make it out to … Continue reading How to Get Your Business (and Your Bookkeeping) Ready for Tax Season →

Tax Resolutions for SMBs: 5 Easy Habits to Adopt in 2019

Tax Management

Kurt Avarell — February 16, 2019 — February 16, 2019 jarmoluk / Pixabay Small and midsize business owners are always looking for ways to save money without jeopardizing the quality of their goods and services. When every penny counts, it doesn’t make sense for business owners to pay more taxes than they owe. Instead, that … Continue reading Tax Resolutions for SMBs: 5 Easy Habits to Adopt in 2019 →

Tax Tips and Traps for Your Startup Business

Tax Management

Nellie Akalp — February 16, 2019 Follow @CorpNetNellie — February 16, 2019 For a startup business, avoiding tax hassles begins the minute you make your first business decision. Everything from leasing office equipment to choosing your business structure has some bearing on your tax obligations. To avoid common tax traps, here are three areas where … Continue reading Tax Tips and Traps for Your Startup Business →

Tax Season Prep: 5 Steps to Get You Ready Now

Tax Management

Robert Gloer — February 6, 2019 Follow @IOUFinancial — February 6, 2019 jarmoluk / Pixabay According to Benjamin Franklin, there are only two certainties in life: death and taxes. Although tax season is still a few months away, it’s advantageous that business owners start preparing for it now. There are certain steps that need to … Continue reading Tax Season Prep: 5 Steps to Get You Ready Now →

8 Small Business Tax Deductions That You Can’t Afford Not to Take Advantage Of

Tax Management

Peter Daisyme — January 31, 2019 — January 31, 2019 jarmoluk / Pixabay The best way to ensure that you don’t get a bigger bill than necessary come income tax time is to double check you are getting every deduction possible. There are multiple small business tax deductions available to sole-proprietorships and other small business … Continue reading 8 Small Business Tax Deductions That You Can’t Afford Not to Take Advantage Of →

How to Choose the Best Tax Accountant

Tax Management

Kurt Avarell — January 16, 2019 — January 16, 2019 Although tax season may seem too far away to worry about right now, there’s no better time for you to start looking for a tax accountant. Hiring a tax accountant can make paying your taxes much less stressful and they’ll certainly be able to help … Continue reading How to Choose the Best Tax Accountant →

4 Signs You Have a Great Tax Accountant

Tax Management

Miranda Marquit — May 15, 2018 — May 15, 2018 stevepb / Pixabay Tax season is over (finally) and you’ve had time to recover. If you use a tax accountant, like I do, there’s a good chance you’re wondering if you got good value for what you spent. A few years ago, I switched accountants. … Continue reading 4 Signs You Have a Great Tax Accountant →

Should You Reward Employees in the Wake of the Tax Bill?

Tax Management

Max Palmer — April 11, 2018 — April 11, 2018 Clker-Free-Vector-Images / Pixabay After the tax bill was finalized and passed in December, many business owners began to contemplate what they should do with their new windfall. With the corporate tax rate falling from 35 percent to 21 percent — representing the biggest one-time drop … Continue reading Should You Reward Employees in the Wake of the Tax Bill? →

What the New Tax Laws Really Mean for Small and Medium Companies

Tax Management

Dave Scherer — April 6, 2018 — April 6, 2018 FirmBee / Pixabay Seeing your organization’s taxes go down in 2018 might be cause for celebration, but the situation is far from straightforward. Even a single small change to tax law can have ripple effects throughout your entire business. What may seem like a positive … Continue reading What the New Tax Laws Really Mean for Small and Medium Companies →