For small business owners, dealing with tax issues can be a real headache. As noted by the Internal Revenue Service (IRS), business taxes fit into five broad categories: Income taxes, estimated taxes, self-employment taxes, employment taxes, and excise taxes. Of course, within those categories are many different complex issues. To ensure that your company is...
On December 21st, 2020, Congress passed a $900 billion COVID-19 relief bill. A week later, the bill was signed into law by President Trump. A comprehensive package, the latest COVID-19 bill includes a new round of Paycheck Protection Program (PPP) loans through the Small Business Administration (SBA). If your business is closed or operations are...
Owning and operating a successful small business is complicated. As every business owner knows well, there is a seemingly endless number of tasks that must be accomplished. Bookkeeping is one of those tedious but important jobs that has to get done. In doing bookkeeping for your small business, you must: Create and understand the proper...
