For auto repair shop owners, January isn’t just the start of a new calendar year. It’s a critical month for tax deadlines, payroll reporting, and year-end bookkeeping. Staying ahead of January’s compliance requirements can save your shop from penalties, missed deductions, and unnecessary stress during tax season. If you want to keep your auto repair […]
If you own an automotive repair business, there’s a date you don’t want to ignore: September 15. That’s the deadline for making your third-quarter estimated tax payment for 2025. While it might feel like just another item on your already full to-do list, estimated taxes are a critical part of keeping your business in good […]
What Auto Repair Shops and Small Businesses Need to Know About the New 1099-K Rules For years, small business owners have leaned on tools like PayPal, Stripe, Venmo, and Square to streamline payments. But with shifting 1099-K reporting rules finally clarified by the One Big Beautiful Bill Act (OBBBA), it’s time to take a closer […]
How small businesses can benefit from investing in innovation under new tax provisions. If you’re improving how your shop runs, whether that’s testing new tools, tweaking your internal systems, or upgrading your tech, you could be sitting on a hidden tax break. Thanks to a recent change in tax law, immediate R&D expensing is now […]
April 15th has come and gone, and you missed the tax deadline for your auto repair shop. It can be so easy to get caught up in the day-to-day grind of managing your customers, your shop, and your staff that the tax filing deadline just slips away. If you find yourself skipping the date, don’t […]