Mark Your Calendar: New Deadlines for IRS Business Taxes

We all know April 15 has been the traditional American Tax Day for generations. Some business taxes have also commonly been due by this...

1099 Filing Date Just Around the Corner

If you operate a business and engage the services of an individual (independent contractor) other than one who meets the definition of an employee...

How to Take Advantage of the Section 179 Deduction

Small businesses have a friend at the IRS. This friend, known as the Section 179 deduction, allows small businesses, in many cases, to deduct...

How to Prepare for Tax Season in the Current Climate

The new Tax Cuts and Jobs Act has substantially reformed the tax code moving forward. Because it was made effective immediately, the new law has businesses...

Online Sales Tax and SaaS Companies: What You Need to Know

Although the Wayfair online sales tax ruling doesn’t relate specifically to SaaS, states are enacting laws that make it easier to create nexus, which means all companies—including SaaS—need to...

5 Tips to Help You Minimize Your Small Business Taxes

It’s safe to assume that everyone loves to save money. As a small business owner, the more capital you have, the easier it is...

A CPA’s Real Job

CPAs think their important job is to complete and file clients’ taxes during tax season. If you’re a CPA or bookkeeper, the most important job...

Business Travel Basics

A business trip is a good opportunity to do productive work for your business while earning substantial deductions. But it’s important to know the rules and limitations of deductions for business trips. You need to be aware of what constitutes a business trip, what things are deductible, and what you need to do to support your claims. You can combine business trips with pleasure trips, but be careful to ensure your trip still qualifies.

What’s In It for Me? A Summary of Social Impact Tax Reliefs

Interested in injecting an ethical component to your investing? Well, we have good news – with the SITR, you can have your cake and eat...

Subject of a Business Tax Investigation? Here’s What You Should Do

In terms of situations you’d rather not find yourself in, being the subject of a small business tax investigation probably ranks quite high. The...

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