When you are starting your business, there are plenty of things to consider. As part of the tax process, there are multiple potential deductions available to businesses. Many of those...
When it comes to setting up a business, the entity you choose can make all the difference. While there are positives and negatives that come with each one, you will need to decide...
Starting a new business can be an exciting venture and the beginning of a new career. But in order to make a successful start, you need to be sure to set up your tax information properly...
While closing a business can be an emotional time for a small business owner, it can also be equally full of multiple administrative tasks. The IRS itself has numerous requirements,...
As the owner of a small business, you understand the need to be financially organized. This means managing your books well, including tracking your collections, debts and any investments....
Posted by BHATIA & CO, INC, CPAs on 01/30/2016
While filing our taxes might involve a detailed analysis of what we spent throughout the year to build our list of deductions, the IRS also offers some incentives that reduce the amount...
Posted by AccuraTax LLC on 01/28/2016
Listen, we’ve got it. Taxes are here like the winter—do you feel prepared? Are the windows shuttered, the dials set to 70, and the sweaters yanked out of storage? The same...
As a small business owner, it becomes more important to determine the right salary figure for your employees, keeping the tax obligations for FUTA in mind. Without a proactive approach,...
It is very common for entrepreneurs to make mistakes while making business decisions. The biggest and most common mistake is when they try to write-off at the end of the year based...