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Filing Form 1065: What Partners Need to now to report income

Forming a partnership can have its advantages for your small business. It also means different…

2 years ago

Business owner’s guide to filing a W-3 Form to Report Wage and Tax Data

The day you hire your first employee as a small business owner, a new universe…

2 years ago

Claiming the Home Office Deduction: Understanding Rules, Qualifications, and How to Calculate

One of the biggest values of being your own boss is deciding where you want…

2 years ago

How to start a business: Tips and steps to starting a small business

Wondering what starting your own business is all about? Launching your own company can be…

2 years ago

S Corporation Reasonable Compensation: A Guide for Small Business Owners

As a small business owner, you may be considering making an S Corp election using…

2 years ago

How to Reduce Taxable Income with a Section 179 Deduction

Section 179 deductions are advantageous to take as a small business owner because they offer…

2 years ago

Federal Income Tax Withholding (FITW): What it is and How it Affects your paycheck

Federal Income Tax Withholding (FITW) is a significant part of understanding small business payroll taxes.…

2 years ago

When are W2s Sent Out This Year? What About 1099s?

At the beginning of each calendar year, employers must provide annual income statements to employees…

2 years ago

How Much is a PO Box and How Do You Set One Up for Your Business?

Suppose you are a small business owner without a physical location. Or perhaps you have…

2 years ago

Paying Your Employees: Understanding & Processing Payroll

Let's chat about a fundamental small business concept that only sometimes gets the spotlight it…

2 years ago