Stack of tax forms for small businesses

Small Business Tax Return To-Do List

Consider these suggestions for helping to make the 2021 tax season smooth sailing this year for your small business: 1. Make your estimated tax payments Tuesday, Jan, 18 is the due date to make your fourth-quarter payment for the 2021 tax year. Now is also the time to create an initial estimate for first-quarter 2022

Stack of binders, a calculator, and a paper timesheet with a pen.

Make Payroll Taxes Easy in 2022

Handling employment taxes can be complicated, especially when you’re required to file important tax documents throughout the year. Here’s a quick recap of the most vital payroll tax forms and what you can do to make your payroll life easier heading into 2022. Important Payroll Tax Forms Form 941 — Employer’s quarterly federal tax return

Businesswoman looking at a bill with a surprised look on her face

Surprise Bills: Prepare Your Business for the Unexpected

Getting a bill for an unexpected expense can put a significant dent in your business’s cash flow. Here are some tips your business can use to deal with a surprise bill. Stick to a reconciliation schedule The best advice is to be prepared for the unexpected. Do this by knowing how much cash you have

Woman examining her small business’s financial statements

Year-End Tax Planning Ideas for Your Business

As 2021 winds down, here are some ideas to consider in order to help manage your small business and prepare for filing your upcoming tax return. Identify all vendors who require a 1099-MISC and a 1099-NEC. Obtain tax identification numbers (TIN) for each of these vendors. Determine if you qualify for the Paycheck Protection Program