If your business operates as a partnership, LLC, or another type of unincorporated entity, then it is important to understand how to fill out Form 1065 correctly.
What Is the Employee Retention Tax Credit and Who Can Apply for It?
The Employee Retention Tax Credit (ERTC) is a refundable tax credit designed to help businesses retain their employees during the COVID-19 pandemic. It was introduced as part of the Coronavirus Aid, Relief, and Economic Security (CARES) Act in 2020 and was extended through 2021 by subsequent legislation. In this essay, we will examine the ERTC […]
Annual Budgeting Guide For Small Business
How to Create a Business Budget for Your Small Business
10 Ways To Pay Off IRS Tax Debt.
If you owe tax debt to the Internal Revenue Service (IRS), it’s important to take action to pay it off as soon as possible to avoid penalties and interest charges. Here are 10 ways to pay off IRS tax debt: 1. Pay in full: If you can afford to pay off your tax debt in […]
How To Read Balance Sheet ?
What sets a cooperative apart from other types of corporations is who the owners of the company are. While other types of corporations are owned by shareholders or stockholders, co-ops are owned by its members or the people who use the services of the cooperative.
How To Pay Yourself As Sole Proprietor, Partnership, or LLC
Set aside a percentage of earnings in a separate bank account throughout the year so you have money to pay the tax bill when it’s due.
