A Comprehensive Guide to Small Business Taxes in New York
1-800Accountant Blog » Tax
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2d ago
They say if you can make it in New York, you can make it anywhere. While New York is a popular state with numerous industries and opportunities for busines ..read more
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Small Business Tax Strategies to Save Money
1-800Accountant Blog » Tax
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3w ago
Accountants are tax professionals who provide essential financial services to small business owners and entrepreneurs, including tax advisory and IRS compl ..read more
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509(a) Tax Status Explained
1-800Accountant Blog » Tax
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1M ago
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The Ultimate Small Business Tax Deductions Checklist
1-800Accountant Blog » Tax
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3M ago
If you dread tax season every year, you’re not alone. It’s easy to wait until the last minute to prepare and file your small business tax retur ..read more
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10 Tips and Best Practices for Small Business Bookkeeping
1-800Accountant Blog » Tax
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5M ago
When you’re starting a business, bookkeeping might be far from the top of your priority list. You want to begin operations quickly without letting tedious administrative tasks get in the way.  While you might want to avoid it, accurate and timely recordkeeping is critical to your business. Setting up your bookkeeping systems as early as ..read more
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IRS Form 8832: Instructions To Fill Out and File On Time
1-800Accountant Blog » Tax
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5M ago
As your business grows, so does your tax bill. While your small business may require minimal tax planning in its early stages, every company can benefit from periodic tax strategy assessments. Filing an IRS Form 8832, Entity Classification Election, can be a simple strategy to lower your company’s tax burden. Form 8832 is a tax ..read more
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Hiring Contractors vs Employees: Benefits and Challenges
1-800Accountant Blog » Tax
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5M ago
If you’re a small business owner, you manage many aspects of your business, from budgeting to sales and customer service. When you want help with special projects, you need to prioritize: Do you save money by doing the project yourself, or save time by hiring help? Fortunately, small businesses can save money by hiring independent ..read more
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A Complete Small Business Tax Guide: Washington State (2024)
1-800Accountant Blog » Tax
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5M ago
Washington, the Evergreen State, with its world-class cities of Seattle, Vancouver, and Spokane, is a popular place to establish a business. While there is no personal or corporate income tax, you would be responsible for paying other taxes, contributing to Washington’s high overall tax burden.   Thriving in such a unique environment takes effort and planning ..read more
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The Complete Guide to LLC Tax Benefits
1-800Accountant Blog » Tax
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5M ago
As a small business owner, you make many important business decisions. One such decision – your business structure – is critical to your operations. You must determine the best entity type and the tax benefits of each.  Registering a limited liability company (LLC) can offer liability protection. The tax benefits of an LLC include flexibility ..read more
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Every Form, Filing & Tax Deadline Small Business Owners Need to Know in 2024
1-800Accountant Blog » Tax
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5M ago
If you’re a small business owner, you know how valuable your time is. You want to approach tax season feeling confident about your business tax compliance, not worrying about time-consuming return prep and potential tax penalties. This guide will help you understand how – and when – to prepare for your business tax return filing ..read more
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