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The Payroll Tax Credit and Other Stimulus Programs for COVID-19
Congress passed several laws to stimulate the economy during the COVID-19 crisis. This includes a payroll tax credit and other stimulus measures. Read more…

How the PATH Act Benefits Small Business Owners
Small businesses create jobs and help drive economic growth, and they can improve their bottom line at tax time under the Protecting Americans from Tax Hikes (PATH) Act that was passed in 2015. Recent provisions in the Act extend and protect certain tax benefits for businesses, making long-term planning easier for fledgling companies, entrepreneurial firms, and startups, to name a few. Read more…

Starting a New Startup Business
When you launch a startup, knowing the tax implications of your actions and decisions can save you money and make tax time a breeze. Learn about accounting methods for your startup, paying estimated taxes, record keeping, and deducting the business use of your car. Read more…

Do Chapter Sub S Corps File Personal Tax Returns?
Although perceived as a mix between a corporation and partnership, S corporations are required to file annual tax returns. Read more…

What Is the IRS Form 941?
You must file IRS Form 941 if you operate a business and have employees working for you. Certain employers whose annual payroll tax and withholding liabilities are less than $1,000, might get approval to file the annual version—Form 944. Read more…

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