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Talking About Tax Services For Small Business Owners

Hello, my name is Geno. I would like to talk to you today about tax services for small businesses. Filing taxes can really take a toll on small business owners. The high tax rate is not mitigated by an employer contribution, as is the case for other workers. Instead, business owners must cover the entire tax amount on their own by taking it out of their profits. Furthermore, it is often necessary for business owners to file quarterly to avoid costly penalties at the end of the year. To learn more about tax services for small business owners, visit my site on a regular basis.

Latest Posts

5 Things You Should Know About Professional Business Tax Planning Service

Posted on November 30, 2022

Tax planning is a critical component of any successful business's financial strategy. Professional tax planning services help businesses minimize the amount they pay in taxes while ensuring they are compliant with all applicable laws and regulations. With the right professional business tax planning service, you can maximize your business profits and save on costly mistakes that could lead to hefty penalties or fines. Here are five things you should know about professional business tax planning services. [Read More]

These Types Of Property Can Be Exchanged Via A Drop And Swap 1031

Posted on August 1, 2022

Are you thinking about completing a drop-and-swap 1031 transaction? There are many reasons why you might be considering this type of property swap, but you first need to know what kinds of property qualify.  Not sure what kind of property is eligible for this kind of transaction? Here is a look at the types of property that can be exchanged via a drop-and-swap 1031 transaction. Multi-Family Rentals One type of property that can be exchanged via a drop-and-swap 1031 transaction is multi-family rentals. [Read More]

5 Tips To Help You Surive A Payroll Audit

Posted on March 22, 2022

Often, a tax audit doesn't look at every detail of your return. Instead, it focuses on a single element of your return. If you own a business with employees, one of the potential audits you may face is a payroll audit. Here are five tips to help you survive a payroll audit.  1. Gather your payroll records. The IRS auditor will want to see your payroll records. Ideally, you should have detailed records that show how much you paid each employee plus the amounts you withheld from their paychecks for Social Security, Medicare, and income tax. [Read More]

How Hiring A Bookkeeper Can Help Your Company Plan For The Future

Posted on December 22, 2021

As a small business owner, maybe you are currently handling your company's books. But as your business starts bringing in more revenue or looks to hire more employees, it might be a good idea to consider bringing in someone with professional bookkeeping experience. Here's how hiring an outside bookkeeper can help you stay focused and plan for the future as your business continues to grow. Plan for Next Year's Tax Bill [Read More]