Federal Income Taxes

small business section 179

2020 Section 179 Deduction Limits for Small Businesses Taxes

Small business tax deductions are important in order to offset high business taxes levied against small business owners and entrepreneurs. This is especially true for work from home entrepreneurs who file as sole proprietors, or as a Limited Liability Company aka LLC, with sole proprietor tax status. Small business owners can get hit with high …

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tax extension 2019 form 4868

Tax Day 2019

After a few years of tax day jumping around thanks to holidays in Washington D.C., tax day for 2019 is once again on April 15, 2019. To avoid penalties, most Americans will need to file either their tax return or an request for extension by April 15 this year. Tax Extension 2019 The IRS grants …

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