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For those who use their cars for a variety of tax-deductible purposes, some of the mileage deductions have gone down. Read More

With 2013 coming to a close, it’s time to double-check your tax strategy. Before you finalize your financial year, here are 4 questions to ask your tax professional: Read More

2013 Year-End Tax Planning Guide For Small Businesses

How To Do Small Business Year-End Tax Planning: 8 Must Read Tips

The arrival of year-end presents special opportunities for most small businesses to take steps in lowering taxes. Please read this essential tax guide Read More

Each year, the answer changes. How much do you need to take out of your employees’ paychecks for Social Security and Medicare in 2014? This will get you started … Read More

New Medicare Taxes related to Obamacare apply to taxpayers in 2013 who have certain types of income. This post and Infographic define the two new Medicare Taxes and how they may apply to taxpayers. Read More

4 Rules of Thumb Regarding Workers Compensation Insurance Compliance for Employers In two previous “4 Rules of Thumb” articles, I discussed a few things that businesses can do to create the best possible environment for engaging new customers and providing quality service (4 Rules of Thumb for Busi Read More

The Internal Revenue Service has just issued a consumer alert about possible scams taking place in the wake of Typhoon Haiyan.  As most of us know, on Nov. 8, 2013, this typhoon known as Yolanda in the Philippines – made landfall in the central Philippines, bringing strong winds and heavy rains tha Read More

As the end of the year draws nigh, it is time for business owners everywhere to start contemplating some end of year tax planning tips to not only ensure that they can maximize their tax deductions and reduce taxes payable, but to streamline the tax filing process in the New Year. Even if you are Read More

The IRS is doing a good deed by creating a safety net for audit disputes. This can really help a lot of small businesses and self employed professionals. Read More