Tag Archives: small business taxes

3 Tips to Help Small Business Owners Calculate Payroll Taxes

Its time to bring out that tax calculator. It may not be fun, but calculating taxes and withholding for employees is a critical task for all small business owners. Both withholdings and taxes are dependent upon several factors  including (but not limited to) marital status, and allowances. For employers, underpaid tax liabilities can equate to […]

3 steps to ensure your small business passes an IRS audit

Follow these steps to ensure your small business passes an IRS audit. First, what is an IRS audit? An audit is an accounting procedure in which the IRS examines your financial records to verify that you filed the return in question accurately. If you have your paperwork and receipts (or access to them) and can […]

No Credentials? The IRS Says No Problem

The IRS just suspended rules requiring tax preparers to be IRS approved. What exactly does this mean for companies and individuals using tax preparers, and for tax preparers themselves? Taxes are an important aspect of running a small business and the last thing any company, or individual, wants is to be audited. So, if the […]

Hiscox eDNA 2012 Small Businesses and US Economy [INFOGRAPHIC]

Note: To see the most up to date DNA of an Entrepreneur information check out our 2015 DNA of an Entrepreneur Report.     The Hiscox eDNA small business survey shows that US small business owners are optimistic about 2013. Despite continuing economic clouds, things are looking up for US small business owners as we […]