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Navigate U.S. tax requirements for small businesses with expert tips on tax structures, deductions, and key forms. Stay compliant and optimize your tax strategy for success.

Let’s Talk Taxes: DIY or Pro Help?Every year, millions of taxpayers turn to DIY tax software, believing it to be the most cost-effective way to file their returns. The appeal is obvious—low upfront costs, step-by-step guidance, and the ability to file from the comfort of home. But is DIY tax prep the best option? While software promises convenience, it often comes with hidden costs—missed deductions, audit risks, and the time-consuming process of navigating complex tax laws.

The IRS has announced a new tax extension deadline for individuals and businesses in Tennessee affected by recent severe storms. As part of the federal disaster relief effort, all Tennessee residents and business owners are eligible for this relief. The new deadline to file federal tax returns and make applicable payments is November 3, 2025.The Tennessee Department of Revenue will also consider requests for extensions on a case-by-case basis for individuals unable to file th

Maintaining compliance with state regulations is crucial for Tennessee businesses. One important requirement is filing the Annual Report with the Tennessee Secretary of State. This report ensures that business information remains up to date and that entities remain in good standing.

Tennessee's Schedule B is a crucial component for businesses operating within the state, ensuring accurate reporting of tangible personal property for taxation purposes. This schedule aids local governments in assessing property values and determining appropriate tax obligations.

April 26, 2024Businesses registered in Tennessee as a limited liability company (LLC) or corporation (Subchapter S or C) must pay taxes to the state annually. There are two components to the tax: Excise and Franchise.

Take advantage of the extended bonus depreciation through 2026 wherein the benefit allows 100% bonus depreciation for long-term assets.

6 Critical Tips For Effective Payroll Processing: payroll may be one of the most critical operations of your business.

Changes from the American Rescue Plan Act (ARPA) and the PPP extension Act major tax-related benefits

There are many pandemic-related tax law changes that went in to effect in 2020. Before you file here's what you need to know.

New Stimulus Bill: Economic Relief & Tax Implications for Families & Small Businesses

If you are hiring people to work under you it is important to define the relationship properly as either a 1099 contractor or W-2 employee.