In today's fast-paced business environment, managing taxes efficiently can make or break a small to medium-sized business. Our tailored solutions help you maximize profits while avoiding costly penalties.
Business tax services encompass a range of professional offerings designed to help companies handle their tax obligations effectively. For small to medium businesses, this often includes managing payroll taxes, identifying eligible deductions, and ensuring full compliance.
In 2025, with potential shifts from the Tax Cuts and Jobs Act provisions possibly expiring, SMBs face heightened scrutiny from the IRS and state agencies.
Under 50 employees
50-250 employees
Professional tax guidance and compliance support
Payroll taxes are a cornerstone of business tax services, representing a significant expense for SMBs. Mishandling them can result in severe IRS audits or fines.
6.2% for both employers and employees
Applied to wages up to $176,100 (up from $168,600 in 2024)
1.45% each for employers and employees
Additional 0.9% on wages over $200,000 (single) / $250,000 (joint)
6% on first $7,000 of wages
Effective rate of 0.6% with credits for compliant businesses
UI rate: 3.4% for new employers (first 2-3 years)
UI rate: 0.25% - 6.25% on first $9,000
SUI wage base continues incremental rise
Potential rate adjustments based on industry averages
Automate payroll with software that integrates tax updates
Monitor state-specific changes and rate adjustments
Classify workers correctly (employee vs. independent contractor)
Handle multi-state payrolls for remote workers
Use Form 941 for quarterly federal tax returns
Ensure electronic federal tax payments (EFTPS) for deposits over $2,500
One of the most powerful tools in business tax services is identifying and claiming deductions. These reduce your taxable income, directly boosting your bottom line.
The QBI deduction expires at the end of 2025 unless Congress extends it—potentially hiking taxes for 9 out of 10 SMBs. Plan accordingly and consult with a tax professional.
Tax compliance is non-negotiable. 2025 brings stricter enforcement, including more IRS auditors and emphasis on record-keeping.
Maintain detailed records for at least 3 years (7 for employment taxes)
Use IRS Small Business Tax Center for forms and eLearning
Conduct regular internal audits to catch issues early
File Beneficial Ownership Information (BOI) reports with FinCEN
Stay updated on state-specific requirements and thresholds
Prepare for stricter IRS enforcement and auditor presence
Non-compliance can lead to penalties up to 25% of unpaid taxes. Small businesses face average fines of $10,000 for compliance failures.
Corporate Transparency Act: Many SMBs must file BOI reports with FinCEN—failure to comply can result in significant penalties.
In 2025, with tax brackets holding steady at 10-37% but potential corporate rate hikes on the horizon, expert advice is invaluable.
Choose S-Corp vs. LLC for optimal payroll tax savings and business structure.
Accelerate deductions and optimize timing to minimize tax liability.
Identify and claim overlooked credits like Work Opportunity Tax Credit.
Navigate complex state requirements and avoid costly penalties.
Professional support during IRS audits and disputes.
Tax strategies that support business expansion and profitability.
A medium-sized retail business saved $15,000 in 2024 by claiming overlooked Section 179 deductions—imagine the impact in 2025 with higher limits.
With GDP boosts projected at $150 billion annually from extending small business deductions, staying proactive pays off.