Small Business Taxes
Filing Business Taxes
Filing your small business taxes does not have to be difficult. We can help formulate a simple plan that works for you. Staying organized allows you to file quickly and timely every quarter. Doing your part with being diligent in maintaining your receipts, invoices and other related documentation allows the process to be much simpler when you go to file. Whether you are in business as a sole proprietor, partnership, or even a franchise we can file everything for you. A couple examples of business tax filings:
1) Franchise Business Taxes
2) State Employment Tax Filings
Tax Filing Deadlines
IRS requires businesses to file their taxes every quarter. State deadlines have to be met as well including renewing your annual report, license and other documentation as required by law. As a recommendation, it is smart to set aside a percentage of your income from the business so you are prepared when it comes time to file. Keep in mind your business deductions will help lower your tax liability. Deductions can include car mileage, repairs, purchases and many more categories. As a business you are allotted more items to deduct versus filing an as individual.
Accounting Software Recommendations
Our most preferred software is Intuit’s Quickbooks tax accounting software. It is a simple to use program that allows you to keep track of all of your activity. Keeping your activity up to date is crucial while accessing it in the cloud while on the go. Quickbooks is accessible on a PC, Mac or in the Cloud and provides you the ability to download as needed. They even offer a mobile app so you can manage on the go! If this is something you rather have us take care of for you then check out our small business accounting services.