Tax time is here!
Wait, why the long face?
Oh, you’re probably thinking about all the time and money that you spend doing taxes for your small business each year.
Guess what? It doesn’t have to be like that.
Here are several free tax resources to help lighten your tax-filing load:
If you make quarterly tax payments, being able to estimate your expenses easily is important. Using this calculator from Turbo Tax, you can see how much to deduct based on what you’ve spent on things like advertising, insurance, travel, and other expenses.
Calculating paychecks can be a very involved process that includes juggling spreadsheets and tables to make sure you’re working with the right numbers. This free Quickbooks paycheck calculator can streamline this process for you.
Sales tax is another time-intensive calculation. Thankfully, the IRS created a free calculator to help small business owners deduct the correct amount of sales tax.
Okay, so this last one isn’t really a number-crunching calculator but a way to make sure you have all the right documents. This Turbo Tax checklist will make sure that you have the documents you need based on your situation.
Happy filing! Remember, taxes are due on Tuesday, April 17.
Here are some other tax-related article we think you might find helpful: