Small Business Taxes
What Taxes Are Progressive? A Guide on the Progressive Tax System
What taxes are progressive? Well, all of them! At least at the federal level for income tax. The US federal government utilizes a progressive tax…
How to Know If You Owe Taxes: The Complete Guide
How will you know if you owe taxes? Well, the IRS makes it no secret, truth be told. In fact, they’re supposed to inform you…
Understanding Estimated Taxes
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/Essential_Guide_to_Estimated_Taxes.mp4"][/video] It’s safe to say that tax season is unnecessarily stressful, but at least it only comes around once a year,…
Background on The Employee Retention Credit
The Cares Act was developed to stimulate the economy, partly by injecting capital into small businesses so that they would continue to grow and more…
Income Tax Impact of ERTC
If you requested and received the Employee Retention Tax Credit, there are income tax consequences for your business and/or individual return. The credit is a…
File a Business Tax Extension Online
Business Taxes Are Due Tuesday, March 15, 2016 The IRS allows both individuals and businesses to file for a tax extension, which gives you…
7 Best Practices To Prepare Your Business For Tax Time
You may barely be over the winter holidays, but tax season is fast approaching with the ferocity of a winter storm. If you are like…
How to Get an LLC and EIN (Tax ID Number)
[video width="1280" height="720" mp4="https://www.irs.com/wp-content/uploads/2025/03/LLC_and_EIN_Setup_Guide.mp4"][/video] Steps for Obtaining a Tax ID Number from the IRS Obtaining your EIN Number for an LLC can be done fairly…
