Patriot Software » Business Taxes
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Explore a comprehensive information blog created by Patriot Software covering Business Taxes - Tips, Training, and News. Equipping Accountant professionals with the latest tips and techniques to optimize operations. Patriot is a USA-based software making accounting and payroll fast, simple, and affordable for millions of American businesses.
Patriot Software » Business Taxes
3w ago
When disaster strikes, you have a lot on your mind. Your first thoughts might be of repairing damages and getting your business back up and running. But then, it hits you … Oh no, my taxes are due soon. Thankfully, there’s tax relief in disaster situations. Tax relief isn’t the only type of government assistance […]
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Patriot Software » Business Taxes
5M ago
Your company’s tax liability largely depends on the business structure you choose. And if you structure your business as a corporation, you’re responsible for paying the corporate income tax rate on company earnings. So, what is the corporate tax rate? How do corporation taxes work? A corporation, or C Corp, is a business structure where […]
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Patriot Software » Business Taxes
7M ago
Business expenses add up—fast. Fortunately, there are extensive tax deductions available for small business owners to offset the cost of running a business. Unfortunately, tax deductions can be complicated and confusing. Use our small business tax deductions checklist to simplify tax time, check out common FAQs relating to deductions, and get tips. Small business tax […]
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Patriot Software » Business Taxes
8M ago
There might come a time when you need to hire a business tax attorney. An experienced business tax attorney can help you structure your company, dispute legal challenges involving taxes, and more. Do you need to hire a tax lawyer for your business? Learn what tax attorneys do, when hiring one makes sense, and more. […]
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Patriot Software » Business Taxes
10M ago
If you are self-employed, you might be overwhelmed by the expenses you have, including your self-employment tax liabilities. However, you can claim self-employment tax deductions to reduce the amount you owe in taxes. See how you can take advantage of self-employed tax relief below. Who is self-employed? You are self-employed if your business is unincorporated. […]
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Patriot Software » Business Taxes
1y ago
Do you enjoy contributing to your favorite nonprofit organizations? If your business makes charitable donations, you’re automatically eligible for the joy of giving. And, you may qualify for a tax deduction. Knowing the ins and outs of small business charitable donations can help you better prepare for tax season. Read on to learn how to […]
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Patriot Software » Business Taxes
1y ago
Do you have a small business as defined by the Affordable Care Act (ACA)? Do you offer health insurance to your employees? If so, you might be eligible for health insurance tax credits for the coverage you provide your employees. And, you may qualify for write-offs if you’re self-employed. Keep reading to find out if […]
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Patriot Software » Business Taxes
1y ago
Tax season can be hectic, especially if you’re a small business owner. If you hate filing business taxes, you may wonder, “How much can a small business make before paying taxes?” The answer is: It depends. Read on to learn how much a small business can earn before paying income taxes. What are business taxes? […]
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Patriot Software » Business Taxes
1y ago
Tax season might be once a year, but preparing for tax season is a year-round process. To back up your tax deduction claims, you need to keep business receipts. But, what kind of receipts for taxes do you need? And which small business receipts can you pitch? Read on to learn about types of business […]
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Patriot Software » Business Taxes
1y ago
It’s that time of year again when tax filing deadlines bear down on small businesses across the country. Don’t get caught off guard this year. Read on to learn all about the deadlines for taxes in 2023. Business tax deadlines Tax day (aka the day individual income tax returns are due) is generally on April […]
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