Medical expenses that are not covered under your insurance plan can cause a great deal of financial stress. You may be like many people and don't realize that the IRS allows you to...
Small businesses purchase equipment to use in offices and to perform services or manufacture a product. It can be difficult to determine whether a piece of equipment should be expensed...
Posted by Michael Coleman Tax & Accounting on 02/22/2017
Purchasing equipment is one of the biggest expenses that small businesses and start-ups face. The IRS allows you deduct most or all of these expenses. This in turn helps you recoup...
Posted by CROMWELL & ASSOCIATES, LLC on 02/22/2017
Six Tax Tips for the Self-EmployedSelf-employed taxpayers normally earn income by carrying on a trade or business. Here are six important tips from the IRS for the self-employed:Self-Employed...
Posted by Emelia Mensa CPA on 02/14/2017
Bookkeeping is a business function that almost no small business is passionate about, but cannot ignore if he's seriously concerned about keeping his company afloat. Properly maintained...
If you have unfiled tax returns or unpaid taxes then you may be steering towards an IRS audit. An audit could result in draconian tax sanctions such as a tax levy, tax lien or wage...
Posted by Bottom Line Tax Services, LLC on 02/08/2017
There are many important factors to consider when it comes to preparing a business tax return. Getting a large number of deductions is important, but they must all be able to hold...
Posted by Michael Coleman Tax & Accounting on 02/01/2017
If you invest in properties, you probably need to pay substantial real estate taxes and numerous other expenses. Fortunately, a variety of federal tax deductions allow you to recover...
Posted by ICHIBAN INTL., INC. dba US-Taxman on 02/01/2017
Owning property is a significant financial commitment; in addition to the purchase and upkeep costs, owners must be prepared to pay tax expenses on an annual basis. While the presence...
Posted by Bottom Line Tax Services, LLC on 01/25/2017