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This article defines terms that are in the news and talked about in the recent U.S. Presidential Debates: "sequester" and "fiscal cliff." If you've wondered what those terms mean and why they are important to small businesses, this article explains it, without taking sides ... Read More

Understand what the new 2013 contribution limits for tax-advantaged accounts are after the IRS accounts for inflation. Read More

Business owners are sometimes the kids at the candy counter in the drug store when it comes to business expenditures. They welcome any type of encouragement to purchase another piece of equipment they really want but absent a current need. Read More

If you donate property to a qualified charity, you can potentially lower your Federal tax bill by receiving a tax deduction. Find out how to deduct good donated and some tips to follow in the process. Read More

Understand what an IRS whistle blower is, the process you must follow in order to become a whistle blower, as well what your potential reward might be. Read More

If you run your own business, there's one thing you can't avoid - and that's taxes. However, they don't have to be as bad as they sound, and home business owners without employees have a big advantage - that taxes just become a whole lot simpler!

That said, there are tools and resources that you Read More

Need reminders about key tax filing and reporting dates? Have questions about business taxes in general? Then you might want to check out the IRS’ free Tax Calendar for Small Businesses and Self-Employed. Read More

Being audited sucks.

Simple.

Here are a few simple steps to take to avoid it! Read More

One of the most confusing aspects of our tax code is the alternative minimum tax, or AMT. Get an overview of the Alternative Minimum Tax, who it applies to, how to calculate it, and what are some deductions allowed under it. Read More