What to Do If You’ve Made a Mistake on Your Business Tax Return
Filing taxes as a small business owner can be a complex process. With shifting regulations, tight deadlines, and the pressures of running a business, it’s no surprise that mistakes on
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How to Handle Business Back Taxes: A Step-by-Step Guide for Business Owners
Running a business comes with endless responsibilities – managing employees, juggling cash flow, serving customers, and keeping up with industry trends. With so much on your plate, it’s not uncommon
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The Tax Responsibilities That Come With Closing a Business
There are certain tax responsibilities that come with closing a business. If you've made the decision to shut your doors, there are six important steps you need to follow.
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Gear Up For Tax Season: Trucker Tax Tips
When it comes to trucker taxes, knowledge is power. As a professional in the transportation industry, you face unique tax situations that require special attention. From fuel tax credits to
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Understanding the Self-Employed Health Insurance Deduction
The self-employed health insurance deduction is a tax provision that allows you, as a self-employed individual, to deduct a portion of your health insurance premiums from your taxable income. This
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7 Common Audit Red Flags for The Self-Employed
As a self-employed individual, you are responsible for accurately reporting your income, expenses, and deductions to the IRS. The complexities of tax laws and the potential for errors or oversights,
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5 Common Accounting Mistakes Small Business Owners Should Avoid
As a small business owner, you wear many hats – from managing operations and overseeing marketing efforts to handling customer service and making critical financial decisions. Amidst this whirlwind of
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