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Top Tax Deductions Small Business Owners Miss in Q2
Quarterly taxes are a reality for most small business owners, and as Q2 rolls on, it’s worth asking: Are you leaving money on the table? Many entrepreneurs unintentionally overpay by missing common—but legitimate—tax deductions. These overlooked expenses may seem...
Owed Taxes This Year? Here’s What To Do Next (Even If You Can’t Pay in Full)
So, you filed your taxes (or are about to), and there it is: you owe money to the IRS. Cue the sinking feeling. Whether it’s a few hundred or a few thousand dollars, finding out you have a tax bill you weren’t expecting can be overwhelming. But here’s the truth: you...
Important and Quick Tips for 1099s
Are you ready for some important and quick tips for 1099s? Let’s jump right in. Businesses that hire independent contractors should be familiar with the 1099-MISC which is sent out to contractors to use for their tax-filing purposes. 1099 forms are only...