Understanding Business Taxes

Posted on: 6 January 2018

Even though taxes are not officially due until April 15th most years and you generally can't file taxes until the end of January, that doesn't mean you can't get to work organizing for tax season at the start of the year. Get Your Receipts Together As a business owner, one of the most important pieces of paper that you need to get together are your business receipts. Your business receipts are what allows you to take full advantage of all of the deductions that are available to you as a small business owner.
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Posted on: 14 November 2017

Small businesses often run with minimal staff and a close eye on the bottom line. If you're a small business owner, you may think that you can take care of your company's bookkeeping and financials on your own, but doing so is often a mistake. Investing in the services of an accountant who is experienced with working with small businesses is almost always money well spent. Some of the ways that an accountant can help your small business include:
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Posted on: 14 November 2017

Owning a business is a dream come true for many people who have always thrived on the freedom of entrepreneurship. However, the sudden success of your business may leave you confused about how to best manage your finances when you have always been more of the creative type. The good news is that there are people who specialize in helping small businesses continue to ride the wave of success, and hiring an accountant can give you these benefits for making sure that your company's finances are in order:
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Posted on: 10 November 2017

If you are worried that you 2017 tax bill is going to be a little larger than you can handle, you can take steps right now to reduce your 2017 tax bill. You need to prioritize your 401(k) contributions, IRA contributions, and tax payments; here's how: #1 Get Your 401(k) Contributions In The first thing you need to do is get your 401(k) contributions in or your 403(b) or 457(b) contributions, depending on the type of retirement plan your workplace has set-up.
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