NEW! VIRTUAL TAX PREP
Meet with our tax pro's via video chat and file your taxes from the comfort of your own home!
 
Book Appointment Now
Tax App Download - Apple
tax-app-download-google-play
Need to File an Amended Return?

Tax Tips & News: small business

How the PPP Loan Affects Your Tax Returns

2 minutes read

Will I have to pay back the loan?

Read More

Is Your Small Business Taking Advantage of Tax Deductions?

5 minutes read

Is Your Business Taking Advantage of Credits & Deductions?

As a small business owner, this is the time of the year to begin thinking about the tax filing deadline. According to a study commissioned by the U.S. Small Business Administration (SBA), small businesses in the United States pay an effective federal tax rate of 19.8%. Sole proprietors pay the smallest effective rate of 13.3% while partnerships and Subchapter S Corporations classified as small businesses pay an effective rate of...

Read More

Freelancers More Likely To Be Audited

6 minutes read

2-3 Times More Likely To Be Audited

By Lou Carlozo

Read More

New 1099 Reporting Requirement May Be Repealed

1 minute read

Due to newly enacted legislation companies that pay any individual or corporation for goods or services more than $600 will be required to issue a 1099 to report the transaction to the Internal Revenue Service beginning in 2012.  This creates a financial burden on small businesses that may not have the means to track and report every transaction for the year.

Read More