Partnerships don’t pay taxes—their income passes through to the partners who pay their share of the taxes. If you are involved in a partnership, you…
How to Avoid Small Business Tax Problems
Tax problems are a common issue for small business owners. While you’re spending so much effort trying to grow your business and increase profits, it’s…
How to Handle Delinquent Payroll Taxes
The IRS takes payroll tax compliance seriously. If you have delinquent payroll taxes, you could face severe tax penalties, tax liens, and levies of your…
Who Needs to Pay Estimated Taxes?
Anyone who earns income that hasn’t already had taxes taken out might need to pay estimated taxes. This includes self-employed taxpayers, independent contractors, and taxpayers…
What Type Of Business Entity Is Best For My Needs?
Those starting a new business as well as anyone with an established business sometimes require expertise and guidance when it comes to forming or changing…