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Some simple but often missed or overlooked deductions on Your taxes, that could be costing You, more money, when You file Your taxes. Read More

Instead, if Jim hires his kids, making their wages a valid business expense, he saves about 30% on what he is paying them, by making sure their money is on the before tax side of the formula.

Sales minus Business Expenses (including paying the kids) = Profit. Profit minus tax = Jim's money. Read More

Gaining the level of knowledge needed to understand and manipulate the legalese of the tax code is difficult and time consuming. Mostsmall businesses don't have the time to invest or the money to hire an expert. Read More

Increasing taxation on the country's small businesses would plunge the economy further into debt and cause spiralling unemployment, according to a report by the Centre for Economics and Business Research (CEBR). Read More

Westpac New Zealand will appeal last month's billion dollar judgement against it in the High Court, which found that four representative structured finance transactions between 1998 and 2005 constituted tax avoidance. Read More

Need information on taxes for your small business from the Internal Revenue Service? U.S. small businesses can access tax information from the IRS via a special Website and toll free numbers. There are also help centers in some communities and services often have extended hours during tax time. Watch the following video from BusinessDotGov for mor Read More

Don't forget one of the most important items for your small business--the tax deduction! When you reach the end of the quarter or the end of the year, look carefully at what you've spent and what you've made and consider the many deductions you can legally bundle into your taxes... Read More

They say there is nothing certain but death and taxes. And while small businesses may be able to sidestep death, they are still in line to pay taxes. But, Uncle Sam does try to help out by providing a number of tax deductions aimed at supporting the small business sector. Here are a few top picks of small business tax deductions for and how to u Read More

If you pay yourself a salary or bonus each year from your corporation, you generally don't have to worry about whether the amount you pay yourself is "reasonable" in order for the corporation to deduct that salary or bonus from its corporate taxable income. Read More