The tax landscape is becoming increasingly complex, and small business owners are discovering that traditional tax preparation services no longer meet their needs. As tax laws evolve and financial ...

The tax brackets you fall into determine much you owe the IRS at tax time. For tax year 2024 (filing in 2025), there are seven brackets: 10%, 12%, 22%, 24%, 32%, 35% and 37%. That will remain the ...

contract workers and small business owners. While automated guidance is offered in the self-filing options, the deluxe tier includes live help from tax pros and lets you jump to the front of the ...

Research the tax dates and deadlines. Small businesses have dates and deadlines different from personal taxes. Hire tax help if needed. Sometimes, it's easier and more cost-effective to call a pro ...

A tariff is a tax that is levied on imported goods. It is typically used to increase the cost of foreign-made products, particularly those that come from countries that have significantly lower ...

Estate taxes are imposed on the deceased's estate before inheritance distribution. Inheritance taxes are paid by heirs on received amounts, varying by state. Federal estate tax applies only to ...

Insurance-based tax deductions are often overlooked, but they can provide substantial savings. Whether you're self-employed, a small business owner, or an individual taxpayer, it's important to be ...

In 2024, there were several announcements about changes to business taxes that will take effect in 2025 ... This change will apply to: New business number and program account registrations Existing ...

The sooner you can start your small business financial planning for next ... For example, if you want to improve your current tax prep process, break this goal into small parts.

NEXT shares 11 financial planning tasks for small business owners to help them get the most out of the next calendar year. The sooner you can start your small business financial planning for next ...