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
1M 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
2M 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
4M 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
11M 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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Patriot Software » Business Taxes
1y ago
How often do you drive to meet a client or your accountant? Do you frequently make bank runs for your business? Depending on your business use of vehicle, you may qualify for a nice-sized tax deduction. So, do you qualify for the business mileage deduction? What about the Section 179 deduction? If so, how much? […]
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Patriot Software » Business Taxes
1y ago
Tax season sneaks up fast. For many business owners (and individual tax filers!), it’s an overwhelming whirlwind. At the end of it, you may vow to prepare better for next year. And then … whoops! It’s next year already. Kick procrastination and stress to the curb with these tried-and-true tax planning strategies. 8 Tax planning […]
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