Accounting, Bookkeeping, & Tax Blog

Establishing your small business as a Limited Liability Company, or LLC, offers many benefits, from increased credibility to personal asset protection. LLC [...]

What is Form 1120? Form 1120 is an IRS form that C corporations use to report their income, gains, losses, deductions, and credits, as well as calculate th [...]

Bookkeeping is something that all businesses will benefit from starting. When it comes to how you do your bookkeeping, you may not know that you have optio [...]

Reporting taxable income to the Internal Revenue Service (IRS) isn’t always a straightforward process. There are over 800 tax forms, from individual [...]

Tax deductions are crucial for filing your tax return if you don’t want to pay more than your fair share. Tax deductions work by deducting eligible expense [...]

With tax season upon us, it’s time to prepare your tax documents checklist. Small business owners know that now is the time for tax preparation for 2 [...]

When learning how to file small business taxes, one of the top small business tax tips is to review your tax documents checklist. December is coming up fas [...]

Is it better to be paid via a 1099 or W-2? Are W-2 and 1099 employees the same? Whether you’re starting out as an independent contractor or a new bus [...]

There are many reasons why you might require a 1099 form this year, whether you’re a contractor, a new business owner, or an established small busine [...]