TFX is awesome – a peace of mind saver.
Working with my tax CPA went above and beyond on her part and I feel very relieved that the previous tax year is completed. They will definitely have my business again next year.
Taxation is a complex and integral part of any economy, influencing consumer behavior, business operations, and government policies.
Among the various types of taxes, excise tax and sales tax stand out due to their specific applications and impact.
This article aims to elucidate the differences between these two taxes, providing clarity on...
Form 4136 is a valuable tool for businesses that pay federal excise taxes on fuel. By accurately completing this form, you can claim credits that directly reduce your tax liability. This guide will walk you through the essentials of Form 4136, from understanding who qualifies to the step-by-step process of filing the form.
What is Form...
Navigating the complexities of tax credits can be daunting for small business owners. However, understanding and utilizing Form 8941, the Credit for Small Employer Health Insurance Premiums can provide significant financial benefits.
This credit is designed to encourage small employers to offer health insurance coverage to their employees by...
Choosing a business structure is a big decision that affects your responsibilities, taxes, and personal liability. Two popular options for US-based small business owners are an S corporation and a partnership. Each comes with its own set of advantages and drawbacks.
This blog post will explain the differences between S corporations and...
If you run a small business, effective tax planning can help you lower your tax bill and avoid unexpected taxes. The US government offers several tax deductions and credits to help you keep more of your hard-earned money.
One of the most important is a general business tax credit. It is a collection of credits encouraging specific business...
