Numerous tax experts agree that addressing your tax liability effectively requires planning throughout the year. Those business owners who reap the most benefits consider their taxes year-round, rather than waiting to focus on tax payments just a few weeks before the filing date. A typical small business qualifies for roughly a dozen tax deductions. For […]

Filed under: Small Business Blog, Small Business Development Center at the University of North Florida, Tax Tips by Small Business Resource Center Friday, February 7th, 2020
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Which entity is most suitable for your new or existing business? The Tax Cuts and Jobs Act (TCJA) has changed the landscape for business taxpayers. That’s because the law introduced a flat 21% federal income tax rate for C corporations. Under prior law, profitable C corporations paid up to 35%. The TCJA also cut individual […]

Filed under: Small Business Blog, Tax Help, Tax Tips by Small Business Resource Center Wednesday, October 23rd, 2019
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So you’ve decided it’s time to turn that lifetime of sweat equity accumulated in your business into cash to support your dreams of traveling around the world, or at least around a few golf courses. You are convinced that it is worth millions, but when that first offer comes, you find that at best, after […]

Filed under: Small Business Blog, Tax Help, Tax Tips by Small Business Resource Center Wednesday, January 9th, 2019
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Repeal of the ACA Penalty for Individuals The Affordable Care Act (ACA) requires individuals to pay a penalty if they aren’t covered by a health plan that provides at least minimum essential coverage. That penalty is also known as the “shared responsibility payment.” Unless an exception applies, the penalty is imposed for any month that […]

Filed under: Small Business Blog, Small Business Development Center at the University of North Florida, Tax Help, Tax Tips by Small Business Resource Center Thursday, January 25th, 2018
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Breakfast with the Experts | Accounting Ask experts from the Small Business Resource Network your accounting, tax and finance questions in a relaxed setting for quick and accurate answers and save the hourly rate!The kick-off session of the Breakfast with the Experts Series is just what your business needs to make sure you’re on the […]

Filed under: Accountant, SBDC at UNF, SBRN, Tax Help, Tax Tips by Small Business Resource Center Wednesday, January 30th, 2013
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From MSNBC MarketWire comes this compilation of Small Business Tax Tips as recommended by the National Association for the Self-Employed (NASE). If you are a North Florida Business and seek help with your taxes, you can find an accountant on our Small Business Resource Network (SBRN) website. These are small business specialists who will understand […]

Filed under: IRS, MSNBC, NASE, SBRN, Small Business, Small Business Development Center at the University of North Florida, Tax Tips by Small Business Resource Center Friday, January 30th, 2009
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