It's that time of year again - Tax Time. There's two months until the filing deadline - but these days fly by fast, so don't procrastinate! The IRS has a lot of resources available to clarify the mucky waters of tax jargon. One such article, IRS Tips about Taxable and Nontaxable Income will help clear up what counts as income, and what doesn't. Entrepreneurs should also check out the IRS' Small Business and Self-Employed Tax Center for helpful tips and guidelines.
We can't do your taxes for you, but we can help interpret how guidelines will impact your business - contact us if you have questions!