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Small business owners, independent contractors and gig workers soon will be getting 1099-K tax forms if they used any payment platform on which they had at least $5,000 in business transactions in ...
“Yes, 2023 is over, and the tax filing season is already underway, but that doesn’t mean the tax laws can’t shift. Small business owners especially need to be aware of potential big changes ...
As Tax Day approaches, there are plenty of things small business owners should keep in mind when filing taxes this year. April 15 is still the annual tax deadline for many small businesses ...
Boosts the tax deduction for start-up expenses to $10,000, for small business owners who spend $60,000 or less to start their business. Allows cell phone costs to be deducted or depreciated like other business property. Allows business owners to deduct the cost of health insurance incurred during 2010 for themselves and their family members in ...
Tax Day is just around the corner. And while filing taxes can seem overwhelming and confusing for some, things can get even more complicated for freelancers and small business owners who must file ...
In the United States, some of the largest concerns of small business owners are insurance costs (such as liability and health), energy costs, taxes, and tax compliance. [25] In the United Kingdom and Australia, small business owners tend to be more concerned with perceived excessive governmental red tape. [26]
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