Business Taxes

Our Business Taxes articles include tips for business tax savings. From cashing in on tax credits to year-end tax savings, plus info about the tax benefits of different business formations, you’ll find it all here.

What Is a General Ledger and How Does It Work?

A general ledger is simply a master document containing all of a company's transactions neatly categorized. Let's see how it works and how it can…

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How to File Business Tax Extensions

The IRS will give you an additional six months to file your tax return—all you need to do is request an extension.

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5 Steps to Filing Partnership Taxes

All partnership owners are required to file specific tax forms each tax year.

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What is an SG&A Expense?

Selling, general, and administrative expense is basically a fancy name for operating costs. Read this article to learn what is included in SG&A…

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What is a 1099-NEC and When Does My Business Need to Issue One?

Report your independent contractor payments with confidence on Form 1099-NEC.

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When Are Taxes Due for Businesses?

Getting tax return and payment filing done on time is easier when you know what to expect and when they are due.

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Gross vs Net Income: What Is the Difference?

Are you a new small business owner looking to understand your tax return a little more? How are gross and net income related? Here are the…

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1099 NEC vs. 1099 MISC

You may have noticed that independent contractor payments are now reported on the tax form 1099-NEC rather than the 1099-MISC. What prompted this…

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How to Efile Your Business Tax Return

Electronically filing your business tax returns (e-filing) is secure, can save you time, and reduces errors. Learn how to start the process today.

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What Tax Return Does a Business Need to File?

Every business entity must report its income to the IRS, but it's not that simple. Which business return does your particular business need to file,…

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