Small business owners can finance large purchases or generate quick cash by taking out business loans. Small business loans offer opportunities for grow [...]
Whether you operate a physical store or engage in multistate e-commerce activities, it's important to understand your sales tax obligations. Optimally, [...]
As long as you meet IRS criteria and maintain supporting documentation, you can deduct the portion of your smartphone costs associated with business use [...]
The California sales tax system has city, county, and state components that make it incredibly complex, which further emphasizes the need for businesses [...]
Your tax strategy should aim to reduce your business's annual federal and state tax liability efficiently. Tax planning should save time and resources, [...]
If your small business has yet to embrace tax loopholes, you're not alone. Use this great blog to learn what to know about tax loopholes for your small [...]
Partnerships, S corporations, estates, and trusts must attach IRS Schedule K-1s to their business tax returns. K-1 forms report each owner’s share of pa [...]
Collecting rent for short- and long-term rentals is usually considered passive income for tax purposes. However, there are exceptions written initially [...]
You'll learn about income thresholds that may trigger the need to report your income, essential tax forms you'll need to prepare and file with the IRS, [...]