If you’re a small business owner, you manage many aspects of your business, from budgeting to sales and customer service. When you want help with special projects, you need to prioritize: Do you save money by doing the project yourself, or save time by hiring help? Fortunately, small businesses can save money by hiring independent […]
Bigger is better in Texas–unless you’re talking taxes. While the Lone Star State has many pro-business features, such as a lack of income tax, there are various rules and regulations that are unique to Texas. These include sales tax rates, tax deadlines, franchise tax, and other integral components of Texas tax law that you should […]
New York and California attract businesses due to their bustling industries and high population centers. However, that popularity comes with a price: higher operational costs and tax rates, which is why many owners and entrepreneurs are looking elsewhere to establish their businesses, including one of the most business-friendly states in the country, Florida. Its economy […]
If you’re a small business owner, you know how valuable your time is. You want to approach tax season feeling confident about your business tax compliance, not worrying about time-consuming return prep and potential tax penalties. This guide will help you understand how – and when – to prepare for your business tax return filing. […]
Each state has unique rules and regulations for taxes on small businesses, and a few don’t have a corporate income tax for you to worry about at all. But California isn’t one of them! If you’re starting a small business in California or have just launched, you must be familiar with and ready to handle […]
Registering your small business in Florida is a great decision. The Sunshine State’s economy and industries have continued to attract small business owners and entrepreneurs who appreciate the region’s tax-friendliness and pro-business culture. If you’re interested in setting up in Florida, use this comprehensive guide to learn how to register your small business there. How […]
Doing business in California is expensive. Many businesses, though, are ok with the high costs because of the Golden State’s strong economy and numerous opportunities to grow. But there’s no question that California has more fees and red tape to cut through than many other states. Limited Liability Companies (LLCs) operating in California are taxed […]
Starting your own business can be a huge learning curve. With so much to learn, taxes can feel like another challenge added to your list. We understand how challenging taxes can be – so we created a small business tax guide for beginners. This guide includes step-by-step instructions for filing your taxes for the first […]
You’ve carefully planned your 2024 business budget and you added a cushion in case unexpected costs pop up during the year. You can’t predict everything, but don’t let a surprise tax bill derail your business spending. This article will explain how to determine your small business tax liability in 2024. You’ll learn how to find […]
Payroll compliance is an important aspect of running your small business. The goal of payroll should be to pay your employees correctly and on time while ensuring that you take appropriate actions to comply with Internal Revenue Service (IRS) standards. Completing and filing the correct payroll-related form is an essential part of fulfilling your payroll […]
