small business tax

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10 Common Tax Deductions Small Business Owners Should Know

Running a small business comes with many expenses. Some are easy to recognize, such as office rent or employee wages. Others may be overlooked simply because the business owner does not realize they could qualify as deductible business expenses. A tax deduction does not provide a dollar-for-dollar reduction of your tax bill. Instead, it generally […]

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Do Small Business Owners Need to Pay Estimated Taxes?

If you’ve recently started a business, you’ve probably asked yourself this question “Can’t I just pay my taxes when I file my tax return?” It’s a fair question—and one we hear quite often. The answer depends on your situation, but many self-employed individuals and small business owners are required to pay taxes throughout the year

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