Get the big picture
Understand which taxes your structure triggers before you file.
Read the tax preparation guide, how to manage business taxes and business tax return forms. Your structure decides which forms apply.
Deductions, credits and rates
Deductions lower taxable income, and credits reduce tax directly.
See tax deductions, tax credits and tax rates. Check current limits with your accountant.
Quarterly payments and working with a preparer
Many owners pay estimated tax each quarter and bring organized records to a professional.
Read tips for filing quarterly taxes, how to hire a tax preparer and what your accountant needs.
A year-round tax habit
Spreading tax tasks across the year avoids a rush.
- Keep business and personal spending separate.
- Save receipts and categorize expenses monthly.
- Set aside a share of income for taxes each month.
- Meet your accountant before year end, not after.
Rules and thresholds change, so verify current figures with the IRS or your accountant.
Taxes, cash flow and funding
Tax bills are predictable, so plan cash for them.
Set aside money monthly. A seasonal business facing a large payment may use a line of credit to smooth timing, but borrowing to pay taxes should be a deliberate choice with a repayment plan.
Nothing in this collection requires you to borrow. Many owners read, adjust their habits and never need financing. For those who do, ROI Funder matches each file to funders in our network and lays out the true cost, the payback period and the monthly-equivalent payment before you sign. The requirements are 500+ FICO, 6+ months in business and $20,000+ in monthly revenue, and the application is a few minutes online with no impact on your credit score.
Guides in this collection
- 5 Tips for Filing Quarterly Taxes Without the Stress
- Business Loans for 1099 Contractors: How to Qualify
- Business Tax ID Number (EIN): What It Is and How to Get One
- Business Tax Return Forms: Which Ones Does Your Business File?
- Can you get a business loan with a tax lien?
- Can you get a business loan without tax returns?
- Digital Marketing for Small Business: What to Do First and What to Skip
- Form 1099-SA: What It Reports and What to Do With It
- How to Hire a Tax Preparer for Your Small Business Taxes
- How to Manage Your Business Taxes Year-Round
- How to file quarterly estimated taxes
- How to handle a sales tax audit
- How to hire your first employee
- Small Business Tax Deductions: What You Can Write Off
- Small Business Tax Preparation: A Practical Checklist
- Small Business Tax Rates: How Your Business Is Taxed
- Tax Credits for Small Businesses: The Ones Worth Asking Your Accountant About
- What Your Accountant Needs to File Your Small Business Taxes
Frequently asked questions
When are quarterly estimates due?
Dates are set by the IRS and shift when they fall on weekends. Confirm current deadlines on IRS.gov or with your accountant.
What records should I keep?
Bank statements, invoices, receipts, payroll reports and mileage logs. Your accountant can advise on retention.
Can I deduct loan costs?
Interest and some fees may be deductible, depending on use and structure. Ask your accountant.