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 You Need to Know About Filing an Offer in Compromise with the IRS for Your Business
Learn the basics about submitting an offer in compromise if you can't pay your federal tax bill for yourself or your business. It may be the solution you've been looking for.
· 5 min read
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Understanding Taxable Income
Here's how to calculate taxable income, plus examples of taxable income and non-taxable income.
· 3 min read
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Can a Small Business Get a Tax Refund?
Getting a tax refund is one of the silver linings of tax time. Can your small business get one?
· 3 min read
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What Is Deferred Revenue?
Deferred revenue is any payment your business receives for products or services that will be delivered later. It's commonly used in insurance, software as a service (Saas), and other industries that collect upfront payments.
· 3 min read
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Tax Do's and Don'ts for Gig Workers
Don't let your gig work lead to a surprise tax bill. Follow these tax dos and don'ts for gig workers to prepare for taxes and lower your tax bill.
· 5 min read
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How to Find Tax Deductions for Consultants
It's common for consultants to file taxes without knowing all the deductions they're entitled to. Don't let those write-offs fall through the cracks. Familiarize yourself with common and often-overlooked tax deductions for consultants.
· 6 min read
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How Long Do I Need to Keep Business Tax Records?
Discarding tax records too early could cause significant liability for your business.
· 3 min read
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Understanding Sales Tax Nexus for Small Businesses
Sales tax nexus laws vary by state and establish which businesses must collect and remit sales tax to a state.
· 3 min read
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What Is a Schedule C Tax Form?
Sole proprietors use Schedule C to report their business income and expenses.
· 3 min read
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Tips for Work from Home Tax Deductions
Working from home comes with various benefits, such as no commute and a casual dress code. It can also offer potentially valuable tax deductions for people who qualify.
· 4 min read