How to Handle Business Back Taxes: A Step-by-Step Guide for Business Owners
Why Business Owners Struggle with Taxes The U.S. tax system is complex. With varying tax forms, quarterly estimated payments, payroll obligations, and constantly changing rules, even the most diligent business
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2026 Tax Deadlines for Small Business Owners
Business Tax Filing Deadlines Depending on the type of business entity you own, your tax filing deadline may be different from the standard April 15 date. Here are the key
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Don’t Let These Tax Mistakes Drain Your Bottom Line: A Guide For Employers
Common Business Tax Mistakes to Avoid Tax mistakes can have a significant financial impact on your business. Not only can tax errors lead to penalties and interest charges, but also
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What is The General Business Credit?
What is The General Business Credit (GBC)? The general business credit is a provision in the tax code that allows businesses to reduce their tax liability by claiming various credits
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What is The Work Opportunity Tax Credit?
What is The Work Opportunity Tax Credit? The Work Opportunity Tax Credit (WOTC) is a business credit that is jointly administered by the IRS and the Department of Labor. This
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Franchise Tax: What Is It And Who Pays it?
What is Franchise Tax? Franchise tax, also known as a privilege tax, is levied at the state level. It is imposed on certain companies and partnerships in exchange for the
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Importance of Paying Payroll Taxes
What Are Payroll Taxes? Payroll taxes are a collection of taxes that employers are required to withhold from their employees’ wages and remit to various government agencies. These taxes are
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