Business Taxes Archives - Patriot Software Mon, 24 Jul 2023 17:47:28 +0000 en-US hourly 1 https://wordpress.org/?v=6.2.2 https://www.patriotsoftware.com/wp-content/uploads/2020/01/cropped-site-favicon-32x32.png Business Taxes Archives - Patriot Software 32 32 Ready, Set, Go! Mark Your Calendars With Sales Tax Holiday Dates https://www.patriotsoftware.com/blog/accounting/sales-tax-holiday/ Wed, 05 Jul 2023 20:56:00 +0000 https://pslohio.wpengine.com/uncategorized/sales-tax-holiday/ For business owners in most states, collecting and remitting sales tax is part of the job description. But on select dates throughout the year, your customers can take advantage of a sales tax holiday. As a business owner, you must know about and adjust your collections process for sales tax holidays. Read on to learn […]]]> 8 Fast Facts to Make Giving Charitable Donations a Smooth Process https://www.patriotsoftware.com/blog/accounting/bookkeeping-tips-charitable-donations/ Tue, 20 Jun 2023 16:44:00 +0000 https://pslohio.wpengine.com/uncategorized/bookkeeping-tips-charitable-donations/ Do you enjoy contributing to your favorite nonprofit organizations? If your business makes charitable donations, you’re automatically eligible for the joy of giving. And, you may qualify for a tax deduction. Knowing the ins and outs of small business charitable donations can help you better prepare for tax season. Read on to learn how to […]]]> Health Insurance Tax Credits for Small Business Owners https://www.patriotsoftware.com/blog/accounting/health-insurance-tax-credit-advanced-premium/ Mon, 27 Feb 2023 15:40:00 +0000 https://pslohio.wpengine.com/uncategorized/health-insurance-tax-credit-advanced-premium/ Do you have a small business as defined by the Affordable Care Act (ACA)? Do you offer health insurance to your employees? If so, you might be eligible for health insurance tax credits for the coverage you provide your employees. And, you may qualify for write-offs if you’re self-employed. Keep reading to find out if […]]]> How Much Can a Small Business Make Before Paying Taxes? https://www.patriotsoftware.com/blog/accounting/how-much-can-a-small-business-make-before-paying-taxes/ Thu, 16 Feb 2023 21:35:32 +0000 https://www.patriotsoftware.com/?p=61584 Tax season can be hectic, especially if you’re a small business owner. If you hate filing business taxes, you may wonder, “How much can a small business make before paying taxes?” The answer is: It depends. Read on to learn how much a small business can earn before paying income taxes. What are business taxes? […]]]> Receipts for Taxes and Your Business: What Do You Need to Hang Onto? https://www.patriotsoftware.com/blog/accounting/business-receipts-taxes/ Thu, 09 Feb 2023 16:52:49 +0000 https://www.patriotsoftware.com/?p=61468 Tax season might be once a year, but preparing for tax season is a year-round process. To back up your tax deduction claims, you need to keep business receipts. But, what kind of receipts for taxes do you need? And which small business receipts can you pitch?  Read on to learn about types of business […]]]> Business Tax Deadlines for 2023 to Put on Your Calendar (+ Charts) https://www.patriotsoftware.com/blog/accounting/business-tax-deadlines/ Wed, 08 Feb 2023 16:29:50 +0000 https://www.patriotsoftware.com/?p=61376 alt=""It’s that time of year again when tax filing deadlines bear down on small businesses across the country. Don’t get caught off guard this year. Read on to learn all about the deadlines for taxes in 2023.  Business tax deadlines Tax day (aka the day individual income tax returns are due)  is generally on April […]]]> Business Use of Vehicle: Drive Your Way to Tax Savings  https://www.patriotsoftware.com/blog/accounting/business-use-vehicle/ Thu, 02 Feb 2023 16:20:31 +0000 https://www.patriotsoftware.com/?p=61218 How often do you drive to meet a client or your accountant? Do you frequently make bank runs for your business? Depending on your business use of vehicle, you may qualify for a nice-sized tax deduction. So, do you qualify for the business mileage deduction? What about the Section 179 deduction? If so, how much? […]]]> Are You Tax Time Ready? Here Are 8 Tax Planning Strategies to Get Started https://www.patriotsoftware.com/blog/accounting/tax-planning-strategies/ Thu, 19 Jan 2023 18:17:55 +0000 https://www.patriotsoftware.com/?p=61044 Tax season sneaks up fast. For many business owners (and individual tax filers!), it’s an overwhelming whirlwind. At the end of it, you may vow to prepare better for next year. And then … whoops! It’s next year already. Kick procrastination and stress to the curb with these tried-and-true tax planning strategies. 8 Tax planning […]]]> Want Your Business to Pay Less in Taxes? Here’s How to Reduce Your Tax Bill https://www.patriotsoftware.com/blog/accounting/how-to-reduce-business-tax-bill/ Tue, 10 Jan 2023 20:58:10 +0000 https://www.patriotsoftware.com/?p=60930 Running a business also means paying business taxes. Regardless of what you’ve heard, business taxes don’t have to be stressful. In fact, you can actually reduce your tax bill. Read on to learn about business taxes and how to reduce your tax bill as a small business owner. Plus, get five tips for reducing your […]]]> A Seller’s Guide to Economic Nexus Laws by State https://www.patriotsoftware.com/blog/accounting/economic-nexus-laws-by-state/ Wed, 04 Jan 2023 20:11:21 +0000 https://pslohio.wpengine.com/?p=48219 Economic nexus has taken the nation by storm. With the majority of states establishing economic nexus laws (46 states to be exact), it can be hard to keep up with all of the rules and changes. Regardless of if you have in-person or online sales, you need to know whether the state you’re selling in […]]]>