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Small Business Tax Prep

Form 8832: Electing your LLC tax classification

Choosing the tax status for your small business is important and can even provide tax…

1 year ago

What to Know About Filing Form 1120-S for Your S Corp

Not all small businesses are alike, and neither are their taxes. For S corporations, the…

1 year ago

S Corp Tax Deadline 2024-2025: When are S Corp Taxes Due?

Tax Day (April 15) isn’t the only tax deadline you should have on your calendar…

1 year ago

Late S Corp Election: Using Form 2553 for Late S Corp Filing

If you’re a small business owner, you could see significant pass-through taxation benefits from becoming…

1 year ago

What Farmers Should Know About Reporting Profits and Losses with the Schedule F Tax Form

There are many IRS forms that self-employed individuals are responsible for filing this tax year.…

1 year ago

Business tax filing deadline: When are business taxes due in 2025?

While Tax Day is the only date some people may have on their calendars, there…

1 year ago

Schedule C, Profit or Loss from Business: What is it and Who Files One?

If you run a business, you’ll likely file a Schedule C form (Form 1040) to…

1 year ago

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…

1 year 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