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Taxes

A Breakdown of Tax Due Dates for Businesses in 2021

The Pegasus Tax and Accounting group has broken down each due date for tax requirements from businesses. According to them, in October 2021, there is tax reporting due for employees that received tips of $20 or more from September, and automatic extensions for individuals to pay their tax, interest and penalties due. Employers with nonpayroll […]

How to Categorize Your Business Spending

Not sure how to categorize your business spending on throughout the year to be prepared for filing your taxes? The Small Business Chronicle has put together helpful tips to make sure you are maximizing your full deductions for your business. Continue Reading… Start Running Your Business, Not Your Bookkeeping With Instant Accept you can know […]

Deductions… Are they business related?

As most of us all know deductions are the biggest way to save on out-of-pocket tax payments due at the end of the year. When it comes to taxes and business most expenses are tax deductible. As we navigate through this year with COVID leading to PPP loans and other assistance programs offered here are […]

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