This can make a lot of sense if you are the single owner of a company or if you only have a few partners. Operating as an LLC gives business owners flexibility.
Are you using cryptocurrency in your business? The tax experts at inDinero have broken down the basics of crypto taxation so you can avoid huge tax bills.
Issuing restricted stock is a common way to compensate a company’s founders. If you are a founder of a new business, an 83b election is a vital tax form that can save you serious money when it comes time to file taxes. An 83b filing could work out great for you, but the ins and...
The R&D tax credit, formally known as the Credit for Increasing Research Activities, represents a significant opportunity for innovative businesses to reduce their federal tax liability. According to the Organization for Economic Co-operation and Development, more than 25,000 businesses across the country receive some tax relief from this program every year. Could your business be...
Did you know your business could qualify for a ‘sweet’ tax credit. Does your startup or small business spend money on trial-and-error activities to create a new product or improve a process? If that sounds like your business, the R&D tax credit and the payroll tax offset should absolutely be part of your tax strategy....
You may not have had time to check out all of the business expenses that your side hustle affords you. Skim our infographic of five small business deductions you shouldn’t miss.
Whether you file your business’s taxes yourself or you have help, making sure your tax returns are right and on time is a lot easier when you have a year-round reliable accounting team and have the right deadlines marked on your calendar. By outsourcing your business’s accounting and taxes with inDinero, you’re covered on both...
Guidance from the Small Business Administration (SBA) for lenders of the Round Two (aka “second draw”) of Paycheck Protection Program (PPP) loans is out, and the portal is open.
If you have begun investigating accounting technology options that fit your business needs and budget, you have come to the right place for a pep talk.
Do you know what period your business is in? Find out if your business is in startup mode or active trade and what it means for your taxes and expenses.