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Why Hiring a Tax Pro Boosts Your Small Business (and Saves You Money)

MyIRSRelief

Yet, amidst the excitement lurks a dark alley – the realm of taxes. Navigating complex tax codes, understanding specific forms like 1120, 1120S, and 1065, and ensuring compliance can feel like deciphering ancient scrolls. Here’s where a qualified business tax professional becomes your secret weapon.

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Small Business Tax Deductions Checklist: All You Need to Know About Tax Deductions

Snyder

Tax liability is an inevitable part of running a business. Every year business owners have to bear the burden of the tax season, paying taxes for income, payroll, property, sales, and so on. In total, nearly 30% of a business’ income is needed to cover all tax payments. What is a 100% tax deduction?

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What Types of Advertising/Marketing Expenses Can Small Businesses Deduct?

Ronika Khanna CPA,CA

In this case you do not have to pay GST/HST or QST on these services as long as you are registered for sales tax and provide your registration numbers to the foreign seller (they will send an email asking you for this information).

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From Filing to Deductions: Understanding Tax for Web Design Companies

Steve Feinberg

However, one of the biggest drawbacks to owning a business happens when your tax bill comes due. Understanding taxes is one of the most important aspects of running a business, but it can also be one of the most complicated and intimidating if you’re unfamiliar with the process.

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