Business Taxes Articles

You run your own business, but are you considered self-employed? The definition of self-employment can be confusing. What does self-employment mean? Find out below.

Small business tax deductions provide a great way for business owners to offset expenses and lower tax bills. And in business, expenses, especially your employees on payroll, add up quickly. Are employee wages tax deductible?  

Millions of businesses use at least one small business software platform to do everything from running payroll to managing customer relationships. Software can simplify processes, save time, and ensure accuracy. But the more systems you use, the greater your costs. Can you take a software tax deduction to offset your expenses? 

How often do you drive to meet a client or your accountant? Do you frequently make bank runs for your business? Depending on your business use of vehicle, you may qualify for a nice-sized tax deduction.

If you are self-employed, you might be overwhelmed by the expenses you have, including your self-employment tax liabilities. However, you can claim self-employment tax deductions to reduce the amount you owe in taxes. See how you can take advantage of self-employed tax relief below.

Tax season can be hectic, especially if you’re a small business owner. If you hate filing business taxes, you may wonder, “How much can a small business make before paying taxes?” The answer is: It depends. Read on to learn how much a small business can earn before paying income taxes.

You work long hours as a small business owner. And if you have children or dependents, you might need help providing care while you work. But with 58% of families expecting child and dependent care expenses to cost more than $10,000 per year, things can add up quickly. Did you know the IRS offers some […]

As a business owner, you’re responsible for a number of taxes. Some may be federal or local, while others are state taxes. So, what are the types of state tax obligations you need to keep on your radar?

When disaster strikes, you have a lot on your mind. Your first thoughts might be of repairing damages and getting your business back up and running. But then, it hits you … Oh no, my taxes are due soon. Thankfully, there’s tax relief in disaster situations.