by Binoj Daniel | Nov 16, 2025 | Business Taxes
When businesses buy equipment, vehicles, or other big-ticket items for long-term use, those purchases don’t just hit the books upfront. Instead, they’re recorded over time through a process called depreciation. This helps reflect the item’s drop in value while...
by Binoj Daniel | Oct 19, 2025 | Business Taxes
If your business uses a vehicle for work-related tasks, keeping proper records of expenses isn’t just a smart habit—it’s necessary. Whether you’re driving to client meetings, making deliveries, or running errands tied to your operations, the IRS expects you to...
by Binoj Daniel | Sep 28, 2025 | Business Taxes
For small businesses in Philadelphia, taxes don’t come just once a year. If you’re running a business that makes steady income through the year, the IRS expects you to pay some of that upfront in the form of quarterly estimated payments. These payments help...
by Binoj Daniel | Sep 7, 2025 | Business Taxes
Finding out your business is being audited by the IRS can feel like a lot to process, especially when you don’t know what to expect. An IRS office audit isn’t uncommon, but it’s understandable to feel nervous about the process. It usually means the IRS wants you to...
by Binoj Daniel | Aug 25, 2025 | Business Taxes
If you run a business in Philadelphia and sell to different states, sales tax rules can start to feel like a maze. It’s not just a matter of collecting and reporting. Each state has its own rules and filing schedules. What works in Pennsylvania might not fly in...
by Binoj Daniel | May 19, 2025 | Business Taxes
Running a business involves keeping track of a lot of details, and when it comes to taxes, there’s even more to think about. Filing business taxes correctly is really important. Not getting things right can mean paying more than you should, or even worse,...
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