2024 Tax Planning Guide
Essential strategies for minimizing your tax burden and maximizing deductions for the current tax year.
Read Guide →Resources & Knowledge Base
Essential guides, tools, and information for business success
Tax Resources
Small Business Tax Checklist
Comprehensive checklist of documents and information needed for business tax preparation.
Download Checklist →Quarterly Tax Calculator
Calculate your estimated quarterly tax payments to avoid penalties and stay compliant.
Use Calculator →Business Tools
Entity Comparison Tool
Compare LLC, S-Corp, and C-Corp structures to find the best fit for your business.
Compare Entities →Business Plan Template
Professional business plan template designed for small businesses and startups.
Download Template →Cash Flow Worksheet
Track and project your business cash flow with our comprehensive worksheet.
Get Worksheet →Frequently Asked Questions
Business tax deadlines vary by entity type. C-Corporations typically file by April 15th, while S-Corporations and partnerships file by March 15th. Extensions are available but payment is still due on the original deadline.
LLCs offer flexibility in management and profit distribution, while S-Corps can provide tax advantages through salary and distribution planning. The best choice depends on your specific business situation and goals.
If you expect to owe $1,000 or more in taxes when you file your return, you generally need to make quarterly estimated tax payments. This applies to self-employed individuals, business owners, and those with significant non-wage income.
Generally, keep tax records for at least 3 years from the date you filed your return. However, keep records for 7 years if you file a claim for worthless securities or bad debt. Employment tax records should be kept for at least 4 years.
Free Downloads
Financial Statement Template
Excel template for creating professional financial statements.
Tax Organizer
Organize your tax documents efficiently with our comprehensive organizer.
Budget Planner
Annual budget planning spreadsheet for small businesses.