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Tax Changes for Payment Apps: What Small Business Owners Need to Know

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The new requirement went into effect on January 1, 2022, and will apply to 2022 taxes , which will be filed in 2023. . In order to remain tax-ready throughout the year and maximize your return, consider partnering with an online accountant at Xendoo! They will provide: .

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How to Prepare Your Small Business for the New Year

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Between skyrocketing holiday sales, extended hours, and juggling multiple duties, it can be difficult to find a moment to stop and think about preparing for 2022. . Up-to-date bookkeeping allows for tax-readiness throughout the year. Lastly, consider partnering with an online accounting service. Where do you start?

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4 Ways Small Business Owners Can Stay Tax Compliant

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By keeping your books up-to-date, you can be confident that you are reporting your income and expenses correctly, paying the proper amount in taxes, and paying your estimated taxes in a timely manner, which produces a stress-free tax season. Pay Self-Employment Tax. January 18, 2022 (the final installment for 2021).

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