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9 Tax Questions Small Business Owners Are Asking
One of the goals, when I started this blog, was to provide useful answers to readers' tax questions. I can’t tell you how often I cringe when I see someone post a tax question on a Facebook site and receive several answers, with most of them being wrong. There certainly are a lot of armchair professionals out there! In hopes of counteracting this promulgation of misinformation, I asked some fellow bloggers and small business owners to submit to me their tax questions and promised answers to them. Here are the tax questions small business owners are asking.
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Want your 3rd stimulus check? Read before filing your 2020 return
Filing your tax return now may cost you the 3rd stimulus check. If you haven't filed your 2020 income tax return yet, your eligibility will be determined by your adjusted gross income reported on your 2019 income tax return. If you file your 2020 income tax return, the adjusted gross income on that return may be used.