Dive into our guide for startup founders, unraveling tax season complexities. Learn key deadlines, W-2s, 1099s, Delaware obligations, and federal tax tips. Navigate extensions, uncover potential savings like the R&D tax credit, and ensure a seamless 2024 filing.
This guide breaks down what happens if you don’t file taxes as a US small business owner and how you can get back on track with the IRS.
If you’re in a partnership, the IRS won’t accept your tax return unless you also attach Schedule K-1 of Form 1065. Here’s what it is, and how to file it.
Do you need to pay the franchise tax? Our in-depth look at the franchise tax includes which businesses must pay it, what states impose it, and how it's calculated.
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If you're running a business in Wyoming, here's what you need to know about the tax laws.
The cost of work-related education, classes, and workshops needs to meet certain requirements before it qualifies as a tax deductible expense.
Every dollar in tax credits saves you a dollar on your taxes and can even turn your tax bill into a refund.
You need a tax ID number to file taxes for you business. We answer all the questions you might have about that.
Wondering when taxes are due? Take a few minutes & save these 2023 tax deadlines in your calendar to get ahead.
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A collection of our favorite weird tax stories and tax mistakes, and what you can learn from them.
Everything you need to know about switching from a sole proprietorship to an S corp.
Year end tax planning is a great way to reduce the cost of your tax bill. Just remember: you need to make these moves before December 31.
A top-notch business website can improve your brand. Plus, you can deduct some web development costs on your tax return.
Small business owners, take note: The U.S. Treasury's Financial Crimes Enforcement Network (FinCEN) recently introduced a new rule under the bipartisan Corporate Transparency Act: the Beneficial Ownership Reporting Requirement. Under this rule, entities registered in or doing business in the U.S. will be required to report their beneficial owners, and all businesses created or registered after Jan. 1, 2024 will be required to also report their company applicants. This includes corporations, LLCs, DBAs and some trusts.
Tax season is stress-free when you get Accracy to do your books. Here's what that looks like.
To minimize your tax bill, you'll need tax credits and deductions. But what's the difference? Which shrinks your bill the most? Find out in our guide.
Here's a up-to-date list of small business tax deductions commonly available to entrepreneurs. Check it twice, and make sure you're claiming everything you can.
Learn the fundamentals of small business tax rates so you'll know what to expect at tax time.
Here's everything you need to know about Form 1065, which is how partnerships report their income to the IRS.
Filing your 2023 business taxes early makes sense on many levels. Learn more about business tax due dates and the advantages of early filing from Accracy.