Small Business Tax Tips for 2021
Hi there,
As part of federal COVID-19 relief efforts, the IRS is extending the income tax filing deadline for the 2020 tax year from April 15 to May 17, 2021. For small business owners, this extension allows more time to complete and submit tax returns. Also, the recently signed American Rescue Plan Act includes some provisions that may affect your 2020 tax returns.
Here are some resources from our blog on managing and filing income taxes:
Tax preparation and filing may not be the most enjoyable part of running a small business, but it doesn't have to be a headache. If you have complicated taxes or filing concerns, an accountant can help with the heavy work. For questions about taxes and factoring, our factoring experts are happy to help.
Thank you,
Daniel Eke
Factor Funding Co.
