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This is one of the few sure fire ways to get money tax-free out of your business. Legally, I mean. Misused and misunderstood, I am setting the record straight on Director's Expenses. Read More

Opportunities abound for small businesses to cut their tax bills. The key is understanding what's deductible for your business. Read More

There are many aspects to starting a business but the most important aspect in my opinion is taxes.  As a business owner, staying on top of taxes will ensure Read More

Small business tax software can save you the expense of filing your returns through an accountant. This option is best for small businesses with relatively simple taxes in a given year. This means expenses due to cost of goods and capital expenses will be simple to manage. If you Read More

When you're running a small business, it may seem like deciding between cash and accrual accounting is just one more thing on the long list of things you need to get done. But the fact of the matter is the decision on which accounting method you're going to use makes a difference in something as simple as how you do your taxes and can have long-lasting effects beyond the end of the year. Read More

It seems there are more and more people becoming self employed these days - or at the very least, many folks are starting a side business, turning a hobby into some extra income or doing some type of independent contractor work. There are some mistakes you will definitely want to avoid... Read More

Many states will offer lower small business taxes to entice economic development. This is an entirely legal maneuver, and it has been used to sway major companies and industries to develop in new areas. If you are considering a move to save on your small business taxes, think about Read More

For the most part, online businesses are required to comply with the same rules and regulations of traditional small businesses. When it comes to taxes, however, several additional issues come into play. Check out this quick guide to find out what all business owners in the e-commerce world should know. Read More

Is the use of independent contractors being targeted by the IRS to find companies avoiding payroll taxes? Read More