Take Your Small Business Further

With Tax-Saving News And Tips

“Small business” and “taxes” are two terms often associated with stress. Padgett wants you to know that it doesn’t have to be that way. Read our blog to become more comfortable and confident with small business finance, tax and more.

Is Tax Reform Really Helping Small Businesses?

Posted on Jun 12, 2018 12:00:00 AM

Those in favor of the new tax law argued that it would boost small businesses by giving them much-needed breaks on taxation. However, since the law has been passed, the idea that it would be truly helpful for small businesses has been up for debate. Although this reform certainly provides some benefits for smaller businesses, not all businesses will enjoy the same advantages under the new law.

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Pros and Cons of Outsourcing Your Small Business Payroll

Posted on May 24, 2018 9:30:00 AM

If you own a small business and you employ one or more people, payroll is part of your responsibilities. Because handling your own payroll can be overwhelming if you don’t have the time or resources you need, you may decide to outsource this task to a third-party provider. Here are some of the pros and cons of outsourcing your small business payroll:

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Why Hiring Recent Grads Makes Sense for Your Business

Posted on May 11, 2018 8:00:00 AM

Recent college graduates often have a hard time finding jobs. In order to qualify for many positions, a graduate needs experience. However, they can't gain this experience without first getting a job. Although it may seem like it is a risk to hire a recent graduate, bringing these individuals on staff can actually provide many benefits for your company. Some of the benefits of hiring a recent graduate include:

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Don’t forget these 4 factors when hiring seasonal employees this summer

Posted on Apr 30, 2018 8:00:00 AM

As the summer approaches, many businesses are preparing to hire seasonal workers to deal with the resulting increase in customers and orders. Before you begin the hiring process, take some time to consider each of the important issues below.

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The best ways to reap the benefits of your small business tax refund

Posted on Apr 17, 2018 9:00:00 AM

If you paid more taxes than you owed during the previous year, or if you qualify for certain credits, you may receive a small business tax refund after you file your tax return. Although it may be tempting to simply deposit your refund in the business bank account as a cushion, you can often use your refund more effectively in other ways. Here are some suggestions to help you decide how to use your small business tax refund to build your company this year.

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Spring Cleaning: 4 things small business owners can do to freshen up this spring

Posted on Mar 20, 2018 10:45:00 AM

As winter disappears and the weather gets warmer, people everywhere are preparing for spring cleaning. Although spring cleaning may seem like a task for home, it can be beneficial to your business as well. Here are four things you can do to clean up your small business operations this spring.

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5 ways to keep your cash flow on track in during tax season

Posted on Mar 13, 2018 10:30:00 AM

Tax season is one of the most difficult times of year for any business. If you are going to owe additional tax on the income you earned during the previous year, this season becomes even more stressful. To ensure that you have the money on hand to pay your tax bill, keeping your tax flow on track during this time of year is essential. Here are five ways you can keep your cash flow healthy during tax season.

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Top 4 Factors to Consider When Avoiding Scams This Tax Season

Posted on Feb 27, 2018 10:00:00 AM

Tax season is upon us again, and scams are always a concern. If you fall victim to a tax scam, you may find yourself losing money or even putting your identity at risk. To avoid tax scams, consider these four factors.

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How will the Tax Cuts and Job Act affect small business owners?

Posted on Feb 14, 2018 10:00:00 AM

As a small business owner, taxes are always a concern. With the recent passage of the Tax Cuts and Jobs Act, many small business owners are wondering how their tax benefits and liabilities will change during 2018 and the years that follow. Below are some of the ways in which this bill could impact your small business.

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The Burden of Payroll Processing

Posted on Jan 31, 2018 10:30:00 AM

Payroll processing can be difficult. There are a lot of nuts and bolts to this process that can overwhelm small to midsized businesses. People who see it as just a matter of 'getting folks paid' probably don't have a lot of experience with this type of financial administration.

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