Good review of new 1099 reporting requirements for businesses. This is likely to add a lot of cost and time to the annual 1099 reporting process Read More
Tax time is never truly over. If you plan ahead, and spend the rest of year staying organized, you will be less stressed when next April comes around. Read More
“There may be liberty and justice for all, but there are tax breaks only for some” (Martin A. Sullivan, Economist). Well, yes, if you know where to find them and apply them correctly. For small business owners, these tax breaks often come in the form of tax deductions. To help you navigate the complex world of business tax deductions, here is some guidance that will help you take the deductions you deserve Read More
What records should your small business keep and how long should you keep them? Simple answer is 7 years. Some categories of records are important to a business and some are not. Some are for internal purposes and some for external (IRS). Let’s take a look at these by category. Read More
Every year the Revenue estimate there are millions of possible tax refunds left unclaimed. As the average refund is in excess of €500 filing a return is worth following up.. Read More
The tax rules for small businesses are based on your net business profits. If you know how to maximize your business deductions, you can lower the taxable profit and keep more money in your pocket at tax time Read More
Declaring and paying taxes are two of the most important duties of a business owner. This should be done correctly and responsibly. While doing your obligations, you can also make use of your unique tax privileges as a small business entrepreneur Read More
One of the biggest mistakes small business owners make during the start-up phase is misunderstanding their tax obligations - particularly estimated taxes. But what are estimated taxes? Who must pay them and how? This article explains some facts from the IRS to help new small business owners understand their estimated tax obligations Read More
Small business owners: Regardless of your educational background, you need to take courses on taxes - or at least, take self study courses Read More
Small Firms Would Be Biggest Benefactors of Tort Reform Legislation Alan Greenspan's support for tax relief will help small businesses surviv Read More
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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!