At Bench, our experts do your bookkeeping, income tax prep, and filing so you can save time and stress less.
Steve Schmidt: From Financial Crisis to Success
How seasoned entrepreneur Steve Schmidt bounced back from a financial setback with the help of Bench Accounting. Explore his inspiring journey and learn how professional bookkeeping services can be a game-changer for entrepreneurs.
Patty Dominguez: How Bench Helped Transform Her Business Journey
Patty is a business coach for solopreneurs and the host of the Positioning to Profit podcast. She’s made it her mission to help other women grow their businesses while staying true to their values.
Lyndsey Capouano: Building a Business Foundation with Bench
Lyndsey’s been through the corporate ringer and she’s studied the game. Because of this, Lyndsey knew exactly what support systems her Florida-based social media and content marketing agency needed to have in place from day one.
HEART BEHIND THE HUSTLE
TAYLOR M> TIEMAN, ESQ.
Managing your business taxes can be challenging, especially when you’re behind. We're here to help you navigate your way to financial clarity.
Download our free tax checklist to find out exactly what you need to gather for your specific tax filing type.
Watch our on-demand webinar for an expert-led discussion about what small businesses need to know to be prepared for filing taxes.
See what other small business owners like you ask during tax season.
Anything and everything tax-related! Here are some examples to get you started:
The IRS just sent me a letter. What does it mean? Do I have to pay quarterly estimates? Should I incorporate my business? Should I write off mileage or get a business vehicle? What are the tax implications of my PPP loan?
Your Bench Tax Advisors are available year-round, and will answer your questions in 2 business days or less. Don’t have any burning questions? That’s okay, too! We’re still on hand to support you, and can give recommendations based on your unique business needs.
Making the most of all your available tax deductions can save you hundreds—even thousands—of dollars at tax time. As a small business owner, it can be difficult to know what deductions are relevant to you. We’ve put together a comprehensive list of the top 17 deductions for small businesses
Yes! Personal federal and state income tax filings are included for sole proprietors in our Premium plan.
For S-Corps, C-Corps, and Partnerships, you can add-on personal filing for 1 partner or shareholder for just $59/mo when billed annually or $69/mo when billed monthly.
If you intend to file as a sole proprietor, a partnership, S corporation shareholder, and/or a self-employed individual, you’ll generally need to make estimated quarterly tax payments if you will owe taxes of $1,000 or more. Businesses that file as a corporation generally need to make estimated tax payments if they expect to owe $500 or more in tax for the year. If you meet these IRS minimums, then you’ll likely have to file estimated quarterly taxes.
To find out how to calculate and pay your estimated quarterly taxes, read our guide with a free calculator.
Tax professionals may structure their service pricing differently. Many charge a flat fee per return, while others charge an hourly rate for the same task. Hiring a CPA or accountant to file your taxes costs between $220 and $800, depending on the size, complexity, and type of business. You’ll pay more for tax prep if your business records are messy or your bookkeeping isn’t accurate and tax-ready.
You can save considerably by buying tax accounting software. The cost is much less than hiring a tax expert, and the expense is tax-deductible, but you should be honest with yourself in your confidence to file your own taxes.
Find out more about each of your filing options in our filing guide.
Say goodbye to do-it-yourself tax headaches. Say hello to accurate financials done for you. Get started today and see what a stress-free tax season feels like.