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Showing posts with the label tax season

Tax Tips: Many Happy Returns

“I am proud to be paying taxes in the United States. The only thing is – I could be just as proud for half the money.” — Arthur Godfrey, entertainer With tax season among us it can become a chaotic time of the year for business owners. Provided is a surplus of articles to remedy the potential hectic  process,  easing you through what many business owners dread- lending you an extra hand. Get It Right The First Time:   Five Basic Tax Tips for New Businesses . Never Miss An Important Deadline Again:   IRS's free Tax Calendar for Businesses and the Self-Employed     Keep Up On The Latest Tax Code Changes:   changes for the 2015 tax year here .  Don't Leave Money On The Table:   frequently overlooked tax deductions and credits     taxe s and credits tool   Make Sure Your Returns Are Error-Free:   eight tax mistakes .  Avoid Getting Audited:   red flags that can trigger an audit   here's what to do .

Four things every small business owner should know about taxes

Blood pressures are rising at many small businesses now that tax season is underway. Owners can make the process easier by being organized and watching out for tax pitfalls, accountants say. Here are four tax issues small business owners should be thinking about now and year-round: Here are the major keys Star Tribune has to give: Keeping records matters Tax time, a teachable moment Employees and freelancers Your home office and car To learn more visit: Startribune