Wage and Tax Statement: W2 Employer Form Guide for Small Business
Taxes wait for nobody. Not even for the small business startup which is in its early growth days. Why? Once you start your business, make the first purchase, and generate the revenue will make you eligible for the W2 employer… Read More »
Small business owners have a lot of tasks to take care of during a tax season. One important tax form that can cause confusion is Form 1099 for independent contractors. To avoid any penalties after submission of the tax form,… Read More »
In the last two blog posts (Part 1 and Part 2), we have talked about six different types of tax penalties that any small business could face. Here, we will conclude this topic by discussing the remaining tax penalties. Non-Medical… Read More »
In this blog series, we are discussing different tax penalties that any small business can be subjected to particularly if it is not working with an experienced tax preparation firm. In the last blog, we have talked about late filing,… Read More »
The tax world can turn out to be quite cruel for all small businesses if they are dealing with their returns without the help of any tax preparation firm. More than 100 civil penalties are a part of the internal… Read More »
Why does anyone want to do business? To earn great revenue. But one should also expect income tax in return. If you are self-employed you need to make the tax payments that you owe to the IRS. For this purpose,… Read More »
The IRS has established a range of tax forms used by different commercial entities to file their taxes. For instance, all commercial ventures that are registered as corporations have to file their corporate tax returns through a form 1120. All… Read More »
Cloud computing is a much-needed revolution in the world of bookkeeping and accounts. The way small businesses want to interact and grow, online bookkeeping is the opportunity of the window to make their goals come true. Whether it’s budgeting, future… Read More »
This is an ultimate question that prompts up at the time of business hurdles or failure. Several businesses fail to develop and implement the integral bookkeeping process. If they had done it sooner, it’d have saved them from lots of… Read More »