Bookkeeping in eCommerce
As tax professionals at Wisdom, we understand the importance of proper bookkeeping for e-commerce businesses. The world of e-commerce is fast-paced, and […]
Important Federal Filing Dates
LLCs: March 15: Deadline for filing Form 1065 (partnership tax return) if the LLC is taxed as a partnership. LLCs taxed as […]
Double Taxation – S vs. C corporation
One of the most frequently asked questions we get from our clients is regarding double taxation in C and S corporations. Double […]
What are estimated taxes?
As a business owner, navigating the world of taxes can be a challenging task. One crucial aspect of managing your tax obligations […]
1099-NEC vs 1099-MISC: Key Differences
If you are a business owner who has engaged independent contractors or vendors, you may need to file a 1099 form to […]
LLC vs. S Corporation: What’s the Difference?
As a small business owner, choosing the right business structure can make a significant impact on your finances and legal obligations. Two […]