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Category: Accounting & taxes

FICA, FUTA, and SUTA Taxes Explained

by Chamber of Commerce Team

There are many types of taxes from federal, state, sales, property, and FICA taxes which gives the government many sources…

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Common Small Business Tax Mistakes

by Chamber of Commerce Team

Many small business owners are confused about the US tax code. That’s understandable as most people are generally lost when…

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The Ultimate Guide to S Corporation Election

by Chamber of Commerce Team

The US Tax code and business structures might seem complex with most people knowing little about taxes along with fundamental…

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Taxpayer Identification Number (TIN): Definition & How to Get One

by Chamber of Commerce Team

As tax season rolls around, that nagging doubt about filing correctly resurfaces. The threat of audits makes those ubiquitous H&R…

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The Small Business Owner’s Guide to LLC Taxes and LLC Tax Returns

by Chamber of Commerce Team

LLCs are a bit of an outlier in several respects. They play by slightly different rules than other businesses, so…

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Best Tax Software for Small Business (2024)

by Chamber of Commerce Team

Tax season is nobody’s favorite time of the year: tax preparation can be a complicated process, and making an error…

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Guide to Sales Tax for Small Businesses

by Chamber of Commerce Team

Nothing in this world is certain except for death and taxes. So just pay your taxes and you’ll be fine.…

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Help With QuickBooks: Shortcuts and Tips

by Chamber of Commerce Team

QuickBooks is a powerful program with many features, shortcuts, and automation to help take the guesswork out of accounting. But…

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Step-by-Step Setup Guides for QuickBooks Online and Quickbooks Self-Employed

by Chamber of Commerce Team

Small business owners and independent contractors are often tasked with doing their own bookkeeping and accounting. For some of the…

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