What To Do After Filing a Tax Extension

  It’s tax time and it goes without saying that pulling together the receipts and invoices, filling out the paperwork and making sure you’ve got all your deductions lined up and in a row is takes more time than it looks. As we near the tax deadline, you might be thinking that it’s time to … Continued

How to Get a Tax ID for Your Small Business

  What is a Tax Identification Number? A Tax Identification number is the same as an Employer Identification Number (EIN). The IRS uses this number to identify your business entity, just like they use your Social Security Number to identify you for your personal taxes. Applying for a Tax ID is simple and can be … Continued

What Your Financial Reports Really Tell You

Financial reports can be an incredibly helpful tool for small businesses. They can help you determine how much money you can pay yourself each month. Or they can help you decide if it’s time to expand your business. As helpful as financial reports are, they can only help you if you understand how to read … Continued

5 Most Commonly Overlooked Business Tax Deductions

At Mazuma, we have a lot of experience with business taxes. Ben Sutton, one of Mazuma’s founders and a Certified Public Accountant (CPA), recently hosted a webinar on the most commonly missed business tax deductions. Ben’s experience as a CPA has helped him learn what business tax deductions business owners are missing out on. In … Continued