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.
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.
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.
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.
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
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.
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?
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.