The employer-provided childcare tax credit has existed for over 20 years to help employers secure affordable childcare for their employees. The only problem is, no one seems to know about it. It may be America’s best-kept secret for your employees with children.
Read More Tax Credit for Employer-paid Childcare Expenses: America’s Best-kept SecretBusiness Taxes Articles
Business Taxes - Tips, Training, and News
How to Create a Chart of Accounts That’s “IRS Ready”
October 1, 2025Tax season. Just hearing the words can send shivers down a business owner’s spine. But what if you could change that? What if instead of scrambling for receipts and trying to make sense of a year’s worth of transactions, you could simply generate the reports you need with a few clicks?
Read More How to Create a Chart of Accounts That’s “IRS Ready”
Research and Development (R&D) Tax Credit—Do You Qualify?
July 7, 2025Ready to invest in innovation within your business? If so, you could be eligible for a powerful incentive: the federal research and development (R&D) tax credit. The R&D tax credit is available to businesses that create or improve products, processes, software, or technologies.
Read More Research and Development (R&D) Tax Credit—Do You Qualify?
Small Business Tax Preparation Checklist
May 9, 2025There are two types of people come tax time. You’ve got the ones who are excited and file their taxes on the first day they can. And, you’ve got the ones who moan and groan and file at the last minute. Which one are you?
Read More Small Business Tax Preparation Checklist
What to Do If You Can’t Pay Your Taxes in Business
April 29, 2025Paying taxes is an important part of being a business owner. But, when you own a business, your cash flow goes through ups and downs. What if you can’t pay your taxes? You’re probably here because you’re unsure of what to do if you can’t pay your taxes. Luckily, the IRS offers tax payment options […]
Read More What to Do If You Can’t Pay Your Taxes in Business
How to Contact the IRS: Phone Numbers and More
April 29, 2025For many taxpayers, there are few things in life more stressful than dealing with the IRS. And when you have questions about your business tax return, an IRS notice you received, or an upcoming audit, you need to know how to contact the IRS.
Read More How to Contact the IRS: Phone Numbers and More
How to Calculate Sales Tax to Meet Your Small Business Requirements
March 13, 2025For many businesses, collecting sales tax is a mandatory part of selling goods and providing services. After collecting sales tax from customers, you are responsible for remitting the tax to your state or local government. But before you start collecting, you need to know how to calculate sales tax.
Read More How to Calculate Sales Tax to Meet Your Small Business Requirements
Throwback Rule: Does Your State Have a Throwout or Throwback Rule for Corporations?
March 4, 2025When it comes to company taxation, each state has its own set of laws for businesses. And depending on your type of business structure, you might be subject to different types of laws, such as the throwback rule.
Read More Throwback Rule: Does Your State Have a Throwout or Throwback Rule for Corporations?
How Long to Keep Business Records [+ Best Practices]
February 26, 2025Picture this: You own a small restaurant. One day, you receive an IRS notice, you’re being audited. Do you A) Panic or B) Calmly review your business records? If you know how long to keep business records (and which ones to keep), you’ll have the supporting documents needed to back up your tax return claims.
Read More How Long to Keep Business Records [+ Best Practices]
What Does Self-employed Mean?
February 24, 2025You 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.
Read More What Does Self-employed Mean?