Janet Berry-Johnson
CPA
More From This Author
IRS interest rates on taxes your business owes
If you don't pay all the taxes you owe when they are due, you may owe interest and penalties on the outstanding balance. The amount of interest you…
What is debt financing for small businesses?
Decide if debt financing is the right way for you to fund business growth.
What Is MACRS Depreciation?
Most long-term assets you use in your business must be depreciated using the MACRS depreciation method—at least on your tax return.
What Is Fixed Cost?
Fixed costs are expenses you pay each month, regardless of your business's sales or production. Understanding your fixed costs can help you price…
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.
Small Business Taxes: Everything You Need to Know
Let's take another look at everything you need to know about taxes and small business
What Is FICA Tax? Understanding FICA for Small Business
Hiring your first employee? The FICA tax is one of several payroll taxes employers need to withhold and pay to the IRS.
How to file business taxes for your small business
Entrepreneurship comes with many responsibilities—including filing business taxes. Here's what you need to know about tax filing for your small…
How to file business tax extensions
The IRS will give you an additional six months to file your tax return—all you need to do is request an extension.
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?