tax tips

Small Business Tax Basics Explained: Taxes 101

Small Business Tax Basics Explained: Taxes 101

There are many wonderful things about owning and running your own small business, but there’s no avoiding small business taxes.

Most basic small business tax management can be done by anyone with a high school education and willing to devote the necessary time and energy while paying attention to the small print. But just because you could do it yourself doesn’t mean you should. Entrepreneurs have a wide variety of gifts and passions, but nothing says tax codes and number juggling have to be among them.

Personal Income Tax Basics: Taxes 101

Personal Income Tax Basics: Taxes 101

It’s easy to start to feel a bit overwhelmed by how often we pay taxes, directly or indirectly. Personally, I’d rather try not to think about them at all, but that’s not a great strategy. Let’s focus on the different elements of tax basics together, shall we?

Tax season seems to come around more quickly than we expect, despite being the exact same time every year.For some of us, this might be the first time and others have survived numerous Aprils either with an accountant or braving it on their own.