Tax Time
While not having copies of your receipts is not ideal if you’re being audited, there are things you can do to prove your expenses to the IRS.
As an independent, freelancer or 1099-er you may have been keeping a close watch on tax time this year as there are some significant changes to business tax code that could put extra money in your hands this year. If you can’t implement these tips this year, make sure you use them going forward so you can maximize the pass-through deduction in future tax years.
Part of winding down any calendar year includes preparing and filing your 2018 Business Taxes. Due to recent changes to the tax code, navigating tax filing as a small business owner can be confusing. Here, we’ll discuss the particulars of how to navigate filing your 2018 small business tax return.
Here, we’ll lay out some important deadlines for W-2s and 1099s to keep you and your business compliant, and avoid the fees levied on business owners who fail.
Small business owners have a lot on their plates, especially at the beginning of the new year. All too often small business owners face the nightmare scenario of having to cull together a quarter or year’s worth of business expenses. Here’s how a receipt scanning app can alleviate this and other issues in a number of ways.
It’s fall and Halloween is upon us, so who doesn’t like a good scare? Well…when it comes to tricks and treats, small business tax prep doesn’t sit well in the trick category. When doing your taxes, there are plenty of different methods that can be used to create the most favorable outcome possible for your specific […]
Tax time can be daunting for all small businesses and here at Neat, we know that to be true. As we move out of the summer into Q4, many small business owners are starting to think about closing out the year. It’s a good time to begin getting your small business organized so that the beginning […]
Small Businesses Need to Keep Detailed Records Under 2018 Tax Reform Act With the government introducing a new tax act in 2018, small businesses will need to familiarize themselves with a couple of differences that may affect their operations. The new tax act is generally viewed as a win for many small businesses, but the […]
As a small business owner, you are the backbone of the US economy and should get the most from your small business tax deductions. As tax day rapidly approaches, millions of small business owners, independent consultants and 1099 employees around the country will be scrambling to find as many tax deductions as possible to ensure […]
On November 2, 2017, the House released The Tax Cuts and Jobs Act. It is the most comprehensive tax legislation since 1986. Its intended tax reform may very well affect each American taxpayer. The Senate just announced it will release its own tax reform legislation by the end of this week, so soon we’ll be […]
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