Tag: How to Reduce Tax
QUESTION on Paying Sales Tax in Every State My partners and I recently started a business selling IT products and services. I live in Colorado, my partners in Maryland and Virginia. For various reasons we registered our Company in Delaware through MyCorp services as a corporation. We have just received our first purchase order and […]
Smart business owners strategically maximize their small business tax deductions. Learn some of the non-traditional tax deductions filed by business owners.
The IRS lists only a small number of the allowable deductions on their forms, and they are not going to tell you about a deduction you failed to take. It’s up to you. Here are a few
The concept of setting your own salary as a business owner is essential. So how can you determine the best amount to write yourself on your own paychecks?
We are looking at an S Corporation for our business. How does the S corporation taxes work when some receive a salary while some gets annual payment on any profits?
As a home-based entrepreneur, learn whether you qualify for home office tax deductions. It is important to maximize your deductions and minimize your taxes
IRS 1099-MISC is the form used to report miscellaneous income that you paid to persons in the course of your trade or business. Learn whether this apply to your business and when 1099s must be filed.