Income Tax Planning
Every small business owner spends a significant amount of time on income tax planning. They save receipts from expenses and invoices from revenue. The use computerized accounting programs to set up their financial statements. They hire a tax accountant to help them with their taxes, but they supply the documentation.
Filing Deadlines for Estimated Taxes 2009
Most small businesses pay to pay quarterly estimated income taxes. These are the deadlines for 2009.
Most small businesses pay to pay quarterly estimated income taxes. These are the deadlines for 2009.
Get Your Employer Tax I.D. Number from the IRS
If you are starting a small business, even a sole proprietorship, it is best to get an employer tax identification number.
If you are starting a small business, even a sole proprietorship, it is best to get an employer tax identification number.
Forms of Business Organizations
This article summarizes the different types of different business organizations from a legal, accounting, and tax perspective.
This article summarizes the different types of different business organizations from a legal, accounting, and tax perspective.
Ten Tips for Income Tax Planning for Your Small Business
Small businesses can have a painless experience when they file their yearly or quarterly taxes if they follow these ten tips.
Small businesses can have a painless experience when they file their yearly or quarterly taxes if they follow these ten tips.
Tax Issues for Freelance Writers
Freelance writers have specific tax issues in 2008 and every year. This article discusses some of these issues and how freelance writers should handle them at the end of the tax year.
Freelance writers have specific tax issues in 2008 and every year. This article discusses some of these issues and how freelance writers should handle them at the end of the tax year.
Employer's Social Security Contribution for 2009
The contribution that employers make for employees to social security has changed for 2009.
The contribution that employers make for employees to social security has changed for 2009.
2009 Income Tax Standard Mileage Rates for Small Business
The amount for mileage which the IRS will allow small businesses to deduct has changed for 2009 because of the decline in gas prices. Here are the new 2009 mileage rates.
The amount for mileage which the IRS will allow small businesses to deduct has changed for 2009 because of the decline in gas prices. Here are the new 2009 mileage rates.
Change in Withholding Tax for Business Employees for 2009 and 2010
There are changes in the withholding tax for small business employees for 2009 and 2010 that employers have to address. This is because of the Making Work Pay provision of the American Recovery and Reinvestment Act (ARRA).
There are changes in the withholding tax for small business employees for 2009 and 2010 that employers have to address. This is because of the Making Work Pay provision of the American Recovery and Reinvestment Act (ARRA).
How to Prepare and File an Amended Tax Return
Federal income tax form 1040X allows small business owners to amend their income tax returns if they have made an error on them. There are instructions on the preparation and filing of Federal Tax form 1040X - Amending Your Federal Income Tax Return.
Federal income tax form 1040X allows small business owners to amend their income tax returns if they have made an error on them. There are instructions on the preparation and filing of Federal Tax form 1040X - Amending Your Federal Income Tax Return.
How to Prevent the IRS From Auditing Your Small Business
Small businesses need to know how to prevent tax audits of their small businesses. Here are some steps you can take to prevent the IRS from picking your small business for a tax audit.
Small businesses need to know how to prevent tax audits of their small businesses. Here are some steps you can take to prevent the IRS from picking your small business for a tax audit.
Home Office Tax Deduction for 2008
Small businesses that operate out of a home office may take a tax deduction as long as they follow the rules and pass some special tests such as exclusive and regular use.
Small businesses that operate out of a home office may take a tax deduction as long as they follow the rules and pass some special tests such as exclusive and regular use.
Deduct Your Employee Business Expenses
If you don't own any interest in a small business but work for a small business, then you may have tax issues regarding business expenses.
If you don't own any interest in a small business but work for a small business, then you may have tax issues regarding business expenses.
Changes in Federal Tax Laws for 2008
This is a list of the changes in the federal tax laws for 2008 that are most likely to affect small business owners.
This is a list of the changes in the federal tax laws for 2008 that are most likely to affect small business owners.
Business Corporate Tax Rates for 2008
Corporate tax rates for businesses for 2008
Corporate tax rates for businesses for 2008
Deduct Your Business Expenses
Business owners can deduct several categories of expenses from their income taxes. These expenses can be cost of goods sold, capital or deductible expenses, and a variety of other expenses such as business use of the home or vehicles.
Business owners can deduct several categories of expenses from their income taxes. These expenses can be cost of goods sold, capital or deductible expenses, and a variety of other expenses such as business use of the home or vehicles.
Expense or Depreciate Items on Your Taxes?
It's always confusing whether or not you should depreciate or expense items on your on your income taxes. The rule is to expense current assets and depreciate long-term assets.
It's always confusing whether or not you should depreciate or expense items on your on your income taxes. The rule is to expense current assets and depreciate long-term assets.
Mileage Rates for Business Auto Expenses for 2008
Automobile mileage rates for business taxes 2008
Automobile mileage rates for business taxes 2008
Travel, Meal, and Entertainment Deductions for 2008
Travel, meal, and entertainment expenses are deductible, to some extent, for small businesses.
Travel, meal, and entertainment expenses are deductible, to some extent, for small businesses.
Business Tax Return Due Dates for 2008
A discussion of the due dates for business income tax returns for 2008, including sole proprietorships, LLCs, partnerships, and corporations.
A discussion of the due dates for business income tax returns for 2008, including sole proprietorships, LLCs, partnerships, and corporations.
Small Business and Self-Employed Tax Center
This is a link to the Internal Revenue Service Small Business Tax Center.
This is a link to the Internal Revenue Service Small Business Tax Center.