Tax Management
As a business owner, most of your decisions will have tax implications. Whether your business is earning profits or incurring loses, you have an obligation to your government to pay your taxes
Learn how to lower your taxes, including the write-offs for business expenses and tax deductions that you can claim. Know good tax resources for the home business owner and identify potential tax advantages and traps to avoid. Read tips and advice on tax planning, and keep more of your money in your pocket.
5 Tips for Small Businesses During Tax Season
Tax season can be a headache for small business owners. Here are some tips to make life easier for small business owners during the tax season.
Non-Traditional Tax Deductions: Successes and Failures
Smart business owners strategically maximize their small business tax deductions. Learn some of the non-traditional tax deductions filed by business owners.
3 Organizing Tips for Tax Time
Get 3 organizing tips that you should start doing RIGHT NOW to avoid stress when filing your income taxes at tax time. Organize your home business now.
What to Do If You Are Audited by the IRS
A federal tax audit is something that most Americans would rather not experience. Here are some guidelines to avoid tax audit; and if you’re one of the unlucky few, to make it as painless as possible.
8 Tax Tips for Small Businesses and Self-Employed Individuals
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
Life Changes and Its Effect on Your Taxes
There are a number of life changes that could significantly impact your taxes. These life events can either help you get a really big refund or increase the amount of taxes you pay.
A Lowdown on the Home Office Deduction
Nowadays, it is more common than ever for small business owners to be working from home. Plus, there is another nice financial benefit they can take advantage of – the home office deduction. Learn about the home office deduction.
Tax Time: Check If You Qualify for Home Office Tax Deductions
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
Deadlines For Issuing and Filing 1099s are Approaching
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.
How to Avoid a Tax Audit of Your Business
An IRS audit is unpleasant at best, and terrifying at worst. Learn how to avoid a tax audit by steering clear of the items that raise the red flags for the IRS
Vehicle Tax Deduction for Small Business Owners
Vehicle deductions can be great write-off opportunities for small business owners, but they are closely scrutinized by the IRS. Learn about vehicle tax deductions.
Self-Employed 401K: Retirement and Tax Savings Tool for Small Businesses
Are you looking for ways to save on your taxes? If you are running a one-person business, fret no more: you can cut down your taxes while at the same time save for your retirement with the Self Employment 401(K).
