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Tax Season 2021: Prepare Now (Don’t Miss These Deadlines)

LyfeAccounting

On the other hand, if you’ve paid very little attention to some of the tax changes or programs then you’ve got a lot to catch up on. Regardless of where you are our team at, LYFE Accounting specializes in business tax returns and we’re ready to help you this year. Wrapping Up Tax Season 2021.

Tax 52
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7 Big Tax Mistakes Business Owners Make & How to Fix Them

LyfeAccounting

When you work for someone else as an employee, your taxes are automatically withheld and paid by your employer to the IRS and state agencies throughout the year. For most employees, this is why little to no taxes are due when they file their tax returns. But for business owners, it’s different. Don’t feel bad.

Tax 52
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Small Business Tax Filings – Everything You Need to Know to Avoid IRS Penalties!

LyfeAccounting

Form Schedule C is not actually a separate business tax return. Instead, it is a form that is attached to your personal tax return. The reason why it has the same due date as personal tax returns, April 15th. One of those differences is in the tax form that is filed.