Tax Hive Blog

Enjoy these timely and informative articles that can help you make informed decisions about your business.

If You Owe the IRS, They Have Tossed You a Bone

On November 2, 2020, the IRS announced relief measures for taxpayers with tax debti. With the pandemic cited as the primary reason, the IRS …

The Only Good Debt is Profitable Debt – 3 Ways to Get There

Running a business involves a lot of financial decision-making, and some of it involves whether to take on debt and if so, what type. Some o …

9 Critical Things the IRS Wants New Business Owners to Know

If you are starting a new business or even if you have been in business a while, recordkeeping and paying taxes are major areas of concern. …

Bookkeeping for Business Tax Savings and Safety

Every small business owner handles or supervises hundreds or more transactions every month. From buying office supplies or inventory to invo …

5 Estate Planning Basics to Get Started

Investopedia defines estate planning this way: “Estate planning is the preparation of tasks that serve to manage an individual's asset base …

New 2021 IRS Announcements - Changes in Revenue Procedures

Tax rules and procedures are constantly changing. Generally, the only people who can keep up with them are those who provide tax advice and …

Freelancing in Post COVID-19: Income & Tax Opportunities

Why is there unlimited opportunity for the remote freelancer in the new world of pandemic shutdowns and limitations? Consider what has been …

Is Your Business Website Failing to Deliver Customers and Sales?

No matter what business you are in, if you have a website and believe that it should be a benefit and deliver prospects or sales to the busi …

7 Tips for End-of-Year Business Tax Savings

With the end of the year approaching, small businesses should look at their current tax situation and possibly take action to minimize tax l …

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