Entries in taxes (5)


Small Business Tax Pitfalls to Avoid

Small business tax reporting pitfalls generally fall into the category of forgotten credits and deductions, as well as improper form use. The following tips can steer you away from such mistakes.

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3 Business Tips for Getting Organized for Tax Season

Tax season is upon us, and it’s important that businesses of all types are prepared. From keeping track of business tax receipts to filing the correct tax forms in a timely manner, Factor King is here to help with these tips for getting organized this tax filing season!

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IRS Sets Its Sights on Small Businesses

The IRS recently implemented a campaign to target small businesses scrutinizing at least 20,000 small business tax returns under the guise that these businesses may not be accurately reporting their cash sales. Small businesses will now need to be even more vigilant with their accounting methods in order to ensure compliance and that they retain the maximum tax benefits allowable.

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