There are tax forms for every conceivable business entity, type of employee, and expense. It's important to learn which ones apply to your company's needs.— Getty Images/damircudic Small businesses must submit various tax forms annually and throughout the year. The requirements vary based on...
Your small business taxes are based on the type and structure of your business. If you recently started a small business, you might be wondering which forms you need to file and what your tax obligations are as a business owner. Check out this small business tax filing guide to ...
Ignore the crypto question, now at the top of more tax forms, at your own tax peril. And if you go further and don't report taxable digital transactions, the Department of Justice (DoJ) will get involved. That's the case for a Texas man, who this week was indicted on charges of ...
ExpressExtension has a simple process for completing and downloading your state tax extension forms. Ready to Complete your State Tax Extension? Get Started Now File Your Business Tax Extension on the Go with our Mobile App! ExpressExtension simplifies the Form 7004 filing process, even when yo...
As of tax year 2023, theIRS implemented changesto the SECURE 2.0 Act that could affect the amount businesses need to report on their W-2 forms. These provisions may include: Roth Savings Incentive Match Plan for Employees (SIMPLE).
The EITC can be worth from hundreds to thousands of dollars for qualifying filers. While the larger... Read more → Posted on Friday, January 31, 2025 at 03:02 PM in Credits, Dependents, Family, Filing, Forms, IRS, Refund, Tax help, Tax Tip, Taxes | Permalink | Comments (0) ...
How does starting a new job affect your taxes? Learn what forms, deductions, and considerations you should keep top of mind if you've recently switched jobs or careers.
Small businesses can write off a number of expenses as tax deductions to help lower the amount they owe on their income tax. The top small business tax deductions, includingtax deductions for independent contractors, include: 1. Business Meals ...
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If your small business is an LLC but treated as an S-Corp for tax purposes, you'll file using a Form 1120-S, which is also due on March 15th.The reason that Forms 1065 and 1120-S are due a month earlier than April 15th is because these entity structures flow through to the owner...