(Updated) 2020 Tax Deadlines for Small Businesses

(Updated) 2020 Tax Deadlines for Small Businesses

Keep this chart handy or copy the relevant parts of it into your calendar so you won’t miss a due date throughout the year. W-2 Filing (Wage and Tax Statement for Full- and Part-Time Employees) January 31 Form 1096 Filing (Information Return by Employers to the...
Small Businesses, Save on Taxes with These Year-End Actions

Small Businesses, Save on Taxes with These Year-End Actions

Want to pay less tax on your 2019 income? Now is the time to make your moves. In order to be counted, they must be completed by December 31, 2019. 1. Capital Expenditures Invest in new equipment or make other improvements to your business. Any purchase made in 2019...
States with No Income Tax

States with No Income Tax

Imagine being able to erase what you thought was an unavoidable cost of living or doing business. That’s exactly what you can do if you reside or locate your business in one of the seven — soon to be eight — U.S. states that don’t have income tax: • Alaska...