Tax Resources | Summit Bookkeeping

Bookkeeping Resources for Small Businesses

What is Workers' Comp? Workers' compensation, also known as industrial insurance, benefits both the employer and the worker by providing...

If you use part of your home for your own business or trade, you may be eligible for a home office deduction! Here are some of the...

The rules around deducting meals and how much you can deduct can be confusing. It depends on your business, the circumstances, and who...

Under the American Rescue Plan (ARP), small businesses are eligible to claim refundable tax credits that reimburse the cost of providing...

IRS Form 941, Employer's Quarterly Federal Tax Return, is used to report information about taxes withheld from employee's paychecks such...

Washington state doesn’t have income tax like most states, but business owners do need to pay Business and Occupation (B&O) tax, and this...

Since closing on August 8, 2020, the SBA has approved over 5.2 million applications amounting in over $525 billion in PPP loans.

Welcome to the fourth and final quarter of 2020! Here are some deadlines you might want to mark on your calendar: October 15 Tax...

As an employer in Washington state, you are most likely required to pay unemployment taxes.