Tag: Small Business Tax

Prepare yourselves: The upcoming presidential and congressional elections may significantly alter the tax landscape for organizations in the United States. This shift has to do with a tax law that’s

While most businesses have websites these days, the IRS has yet to issue formal guidance on when business website expenses can be deducted. However, there are established rules that generally

Despite many aspects of the economy improving this year, the rising cost of living and other economic factors have caused many businesses to close their doors. If you find yourself

Are you planning to purchase a business that will have one or more co-owners? Or do you currently own one fitting that description? If so, you should consider installing a

When selling property used in your trade or business, it’s important to understand the tax implications involved. Rules that could apply can be quite complex, so for simplicity, we’ll focus

Here are some of the important tax deadlines affecting businesses and other employers during the third quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may

With school being out for the summer, you may be employing your child to work at your business. In addition to providing business knowledge for your child, there could also

The next quarterly estimated tax payment deadline is June 17 for individuals and businesses, so it’s a good time to review the rules for calculating it. You want your organization

The IRS recently released guidance providing the 2025 inflation-adjusted amounts for Health Savings Accounts (HSAs). These amounts are adjusted each year, based on inflation. To allow employers to get ready

The most common business structures are sole proprietorships, partnerships, limited liability companies, C corporations, and S corporations. Selecting the appropriate business entity significantly impacts multiple factors, including your tax obligations. In some