Category: Tax Tips

What is IRS Form 941? The Employer’s Quarterly Federal Tax Return, 941 Form, is used to report employment taxes to the Internal Revenue Service. Small business owners who

3 Ways to Avoid Small Business Bankruptcy The US’s largest specialty toy retailer -Toys ‘R’ Us- has filed for voluntary filed Chapter 11 bankruptcy becoming the latest victim

As Houston beginnings to recover from the devastating impact of Hurricane Harvey, we now turn our eyes to the Southeast where Hurricane Irma hits hard. This season we

Today, Sept. 11 the nation as a whole looks back to remember the attack on the World Trade Centers in New York. In an instant, the heart and

If you are a small business owner, you understand the importance of staying on top of your financial situation. However, as many start ups discover there are more

One of the most confusing and annoying aspects of owning a small business is calculating, collecting, reporting and paying sales tax. In the United State, there is no

For those who rejoice in the amount of freedom you gain by being self-employed, I salute you! You have broken the shackles tying you down to a traditional

Like most American’s we have been watching Hurricane Harvey devastate Houston with unrelenting force. Now that the flooding has begun to recede it is time to switch from

An employer Identification number, or more commonly known as an EIN, is used by the IRS to identify your business. Think of it as your companies Social Security

With millions of Americans making a living as an entrepreneur or at least keeping a steady side hustle going, many find themselves living on an irregular income, which