[ad_1] You may be eligible for valuable credits that can help reduce your overall liability and make running your business more affordable. This guide provides an overview of some of the most common business tax credits and what they could mean for you in terms of savings. With this information, you can make more informed decisions…
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[ad_1] The deadline for taxes in the US is quickly approaching. With the 2023 tax season just around the corner, it’s important to understand when and how you need to file your returns. This article provides an overview of the key dates and requirements associated with filing taxes in 2023, so you can be fully…
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[ad_1] The Restaurant Revitalization Tax Credit Act has been reintroduced to provide payroll tax relief to eligible small businesses. Senate Bill Would Give Payroll Tax Relief to Some Small Businesses The new legislation creates a special tax credit that is available to businesses that had previously applied for the Small Business Administration’s Restaurant Revitalization Fund…
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[ad_1] It doesn’t cost you anything to say “thank you” to employees who do a good job for your company, and there are no tax implications here. But if you want to do more to recognize their accomplishments and retain them as valued employees, there are many things you can do. Tax Rules for Paying…
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[ad_1] With the start of a new year, it’s important to be aware of any changes to federal income tax brackets that may affect you and your family. For 2022 and 2023, the Internal Revenue Service (IRS) has released its updated income tax brackets for both single and married taxpayers filing jointly. Knowing these rates can…
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[ad_1] It’s said that the longest journey starts with a single step. How to file taxes? Whether you’re going to file your own taxes, 0r use tax preparation services, your first step before you prepare and file a tax return is to make life easier and gather all the pertinent filing information from the past…
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[ad_1] When the regular tax filing deadline of April 18th rolls around each year, it can be stressful and overwhelming for many taxpayers. You may need extra time to find out how to file self-employment taxes or simply gather important documents. Fortunately, you can get an extension of time to file if you miss the…
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[ad_1] A new tool has been launched by the legal services platform Rocket Lawyer for small business owners who find preparing and filing their taxes stressful and confusing. Rocket Lawyer Launches Tax Prep Tool for Small Business Owners The new Rocket Tax works by pairing customers with licensed and experienced tax professionals to make the…
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[ad_1] Attention employers with salaried employees: The deadline for filing your W2 forms and W3s to the Social Security Administration is Tuesday, January 31. For business owners who pay subcontractors, you’ve got the same deadline. You have until Jan. 31 to file your 1099 or 1099-NEC forms with the SSA. The IRS sent out a…
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[ad_1] Tax season is fast approaching! Are you ready for it? When filing taxes or managing payroll, understanding and using the right forms is essential. One form, in particular, is relatively common, yet often misunderstood. This article will explain what a W-9 form is, who needs to fill one out, and why it’s important for…
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