5 Important Articles on Small Business Taxes for 2022

Tara Garmon
March 2, 2022

With tax season coming up, it’s a good time to look at some of the new tax laws that are expected to impact small businesses this year. We’ve compiled a list of five of the best articles from tax professionals to help you navigate the complex world of taxes in 2022.

1. State Tax Changes 2022

With twenty-one states and the District of Columbia making important changes to their tax laws this year, some of which may impact small business owners, this article will help you understand whether your state has many any significant changes and how those changes might affect your business.


2. New Income Reporting Laws 2022

If your business makes income from a third-party site like eBay, Etsy, or through third-party payment providers like PayPal, Venmo or Cash App, that income will be reported to the IRS beginning in 2022 provided it is over $600. In the past, many such payments never made it onto sellers’ taxes, but the IRS is looking to correct that with this new law. Sellers on sites like eBay, Etsy and Amazon can expect to receive a 1099K form this year.


3. Small Business Tax Rate 2022

As a business owner, you’re undoubtedly curious what the tax rate will be for your company in 2022. This article from Lending Tree explains the tax rate for different types of entities for 2022, as well as personal tax rates.


4. Official U.S. Government Small Business Tax Information

The U.S. Government has an informative website online that can give you up-to-date information that relates to small business taxes. It’s all organized into specific topics, and there’s a lot of important, relevant information available.


5. When and Why Your Small Business Needs an Accountant

If you’re not sure if your small business is ready for an accountant to help with taxes and other financial needs, this article from Forbes will help you decide when and why you might be ready for one.


Taxes and their associated laws can be convoluted and frustrating even for professionals, but by keeping up with the latest information like these articles we’ve presented here, you’ll be in a better position to deal with them. 

Visit Aspired for information about how your small business can increase customer loyalty and obtain passionate new customers by partnering with local nonprofits.

Tara Garmon
Social impact writer. Driven to help startups and small businesses succeed while providing value and making a difference in the world.
The easiest way for nonprofits to reach new donors and partner with businesses they love. Get started free: www.aspiredworld.com

More from Aspired