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Important Tax Dates in 2024 for Small Business Owners
Be mindful of the varying filing deadlines that apply to your specific business type. Take note of these essential tax calendar dates to keep track in 2024. January 31, 2024 Please ensure that all employees or independent contractors you hired in the previous year receive their W-2, 1099-NEC, or 1099-MISC tax forms within the specified…
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Small business Tax Deductions You Might Not Know About
Numerous entrepreneurs fail to fully capitalize on the array of tax deductions that are readily accessible. Presented below are a few deductions that you should not overlook. Inventory Certain businesses that rely on inventory may engage in manufacturing or purchasing products for resale. In such cases, it is permissible to deduct the expenses associated with…