Business Taxes
Our Business Taxes articles include tips for business tax savings. From cashing in on tax credits to year-end tax savings, plus info about the tax benefits of different business formations, you'll find it all here.
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What Is Mello-Roos? the Ultimate Guide to This California Tax Law
If you have questions about Mello-Roos, we have answers. This California tax on properties is controversial and often misunderstood.
· 6 min read
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Make Business Tax Deductions Work for You
Small businesses never want to leave money on the table, whether negotiating a contract, setting prices, or filing taxes. That's why it's essential to understand what business deductions you're entitled to when filing your taxes. You probably know about some—office equipment and consulting fees, for example—but others are less obvious.
· 3 min read
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Reduce Self-Employment Taxes with a Corporation or LLC
Self-employment taxes can take a big bite out of your income—but you can take steps to minimize the impact.
· 3 min read
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How to Issue a 1099 to an LLC
If your business pays an LLC more than $600 a year for rent, business services or independent contractors, you’ll need to issue a federal form 1099 to report those payments to the Internal Revenue Service. Here’s what’s required.
· 3 min read
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Are LLC Startup Expenses Tax Deductible?
The expenses you incur as you set up your LLC are tax deductible, though you need to know important limits, exceptions, and rules to legally deduct these costs.
· 2 min read
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Year-End Tax Tips for Every Business Owner
Are you planning now to reduce your tax burden in April? You should be. Check out these year-end tax tips for business owners to get started in the right direction.
· 2 min read
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How to Fill Out a W-9 for a Nonprofit Corporation
Even though your nonprofit has tax-exempt status, you may need to fill out a W-9 when working with other businesses.
· 3 min read
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What Is a FEIN, and How to Get Your Federal Tax ID Number?
Starting a new business or changing an existing one? Here's a guide to how to apply for a federal tax ID number, how long it takes to get one, why you might need one (and when you don't), and when you'll need to get a new FEIN for your business.
· 7 min read
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How Will PPP Loans Be Taxed?
Small businesses have better clarity on federal PPP compliance and taxation, but states may include different requirements.
· 3 min read
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What Is a General Ledger and How Does It Work?
A general ledger is simply a master document containing all of a company's transactions neatly categorized. Let's see how it works and how it can work for your business.
· 3 min read