By | Antonio Del Cueto
Did you know there are around 400,000 small businesses started every year? Was yours one of them?
If so, congratulations! Launching your own business is a huge milestone, and we hope you’re among the 40% of small businesses turning a good profit.
Running your own company may be all fun and games—until tax season. If you don’t know how to file business taxes for the first time, you might find yourself Googling “small business taxes for dummies” around April 15th.
Filing small business taxes for the first time is no easy task, but help is available. Tools like an income tax calculator are a great place to start, but it’s only the beginning.
Do you have all your paperwork in order? Do you know about each of the first-year small business deductions available to you?