Press "Enter" to skip to content

Category: Taxes

5 Helpful Tax Time Tools for Stressed Out Business Owners

Woman doing her taxesContributed by Julie Morris

Though it’s still a few months away, you’re probably already starting to feel some anxiety about tax time. Adding one more thing to a busy business owner’s to do list is bad enough but the stress of making a mistake on your taxes can be maddening. The good news is there are many helpful tools for business owners to better navigate this “taxing” process. Here are a few to check out.

Continue reading 5 Helpful Tax Time Tools for Stressed Out Business Owners

Leave a Comment

Crunch Time Tax Tips for Small Businesses

Doing your taxesContributed by Jeff Watson

Everyone feels the impact of tax time, but small businesses especially feel the stress when looking to save money and maximise deductions and credits to help their bottom line. There are some ways that small business owners can better survive tax season, so here are crunch time tax tips for small businesses to help you keep your sanity intact.

Continue reading Crunch Time Tax Tips for Small Businesses

Leave a Comment

Employees Can Deduct the Mileage Employers Don’t Reimburse

The purpose of the IRS Standard Mileage Rate is not to impose a rate of payment by employer to employee, but to give the employee a guide for his or her deduction at tax time.

The rate offers compensation to the employee either through payment by the employer or as a deduction for business related mileage on a personal vehicle.

Continue reading Employees Can Deduct the Mileage Employers Don’t Reimburse

125 Comments

Tax Form 1099-K: Should You Expect this Surprise in Your Mailbox next February?

Contributed by Outright.com

Running a small business is stressful enough without any nasty surprises. The last thing you want when you’re worried where your next gig will come from and if that one guy will ever pay you is a monkey wrench thrown in your well-oiled machine at the last minute!

Continue reading Tax Form 1099-K: Should You Expect this Surprise in Your Mailbox next February?

Leave a Comment