Recent News & Blog / Business Tax
Don't Forget the Taxes for Your Seasonal or Part-Time Employees
If your business employs seasonal or part-time employees, it’s important to remember that these individuals are subject to the same federal income tax withholding, Social Security, and Medicare tax rules as other employees.
Selecting the Right Entity for Your Business
The way you structure your business today can influence everything from your taxes and liability to your ability to grow tomorrow. When selecting an entity, the most common business structures include sole proprietorships, partnerships, C corporations, and S corporations.
4 Signs It May be the Right Time to Expand Your Small Business
Between global economic uncertainty that leads to market volatility to policy and regulatory changes, it can be a challenge to know when it’s the right time to expand your small business.
8 Business Tax Issues to Avoid as a Business Owner
Tax problems can create a heavy financial burden for small businesses—from penalties and interest from the IRS and late payment fees to audit expenses and even missed deductions or credits that can chip away at your cash flow. These issues also tend to bring along their own
How to Avoid Cash Flow Issues in Your Small Business
Cash flow is essential to the management of any business, but it is especially important for small businesses, which tend to operate on tighter budgets.
Thinking About Selling Your Small Business?
The motivation to sell rarely stems from a single reason. Retirement, an unsolicited offer, changes in the market, or shifts in personal circumstances are just a few of the many factors that can lead to a sale.
The Pros and Cons of Working with Family Members
Bringing family members into a small business can be appealing because of the trust and values you share; however, this can easily become complicated. If you are considering bringing family into your small business, here are some key pros and cons to review before acting.
What’s a “Small Business,” and Why Does It Matter?
Although your business may seem big to you, you may wonder how the government classifies it for tax purposes. If your organization qualifies as a “small business,” you may enjoy several important tax advantages, but the rules for specific tax provisions vary.
7 Ways to Protect Your Business from Tax Identity Theft
Tax identity theft isn’t limited to individual taxpayers—businesses are also targeted through their Employer Identification Numbers (EINs), payroll systems, and tax filings. The financial impact of these crimes can be significant.
Still Waiting on Your ERC Claim? Time Is Running Out—Take Action Now
If you filed a claim for the Employee Retention Credit (ERC) and still haven’t been paid, you are not alone.