For a small business owner, tax season can be stressful, and the prospect of paying a large sum of money to the government is not really a pleasant one. That's why small business...
Posted by Pat Raskob on 09/30/2022
Hundreds of notable character and personality traits define you or your favorite successful small business owner. However, certain characteristics stand out when we compare the entrepreneurs...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 07/12/2022
What if disaster strikes tomorrow? Next week? Next month? Are you ready? Is your business small? Contingency plans are essential if you plan to keep a business running for years to...
Posted by Rosovich & Associates, Inc. on 05/09/2022
If you're self-employed, such as an independent contractor, or a freelancer, one question is probably the most important question regarding tax returns: How can I reduce my self-employment...
Posted by Taxes Made EZ Inc on 04/17/2022
Generally, tax deductions are expenditures that business owners can subtract from their taxable income. It is economical as it saves cost by reducing the tax amount you need to pay.Most...
Posted by Pat Raskob on 03/31/2022
Everyone has a personal credit history. Personal credit history must be separated from their business credit for small business owners. As individuals, the errors in personal credit...
American businesses of all sizes have a number of financial information that must be organized and reported to comply with legal obligations, such as tax requirements. Various professions...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/01/2022
Those who cannot withhold federal taxes from each paycheck must pay taxes quarterly.United States income tax operates on a pay-as-you-go system, in which the federal government collects...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 11/11/2021
While tax season 2022 might be a few months away, the new year will be here before you know it. The fourth quarter is the time to do proactive tax planning to lower the 2021 tax bill....