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
Running a small business isn't easy, and while every small business owner has had times where he or she felt completely overwhelmed (sometimes as early as trying to figure out entity...
Posted by Advantage Tax Service on 02/15/2017
Tax planning involves taking advantage of any chance you get to estimate your income, be eligible for the right credits, shrink your expenses, and reduce your taxable income. Smart...
Posted by ICHIBAN INTL., INC. dba US-Taxman on 02/15/2017
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
Regardless of the decent insurance plan that you have in place, medical expenses can drain your finances and drive you up the wall. The good news is IRS gives you the freedom of deducting...
Posted by ICHIBAN INTL., INC. dba US-Taxman on 02/08/2017
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
December 30, 2016 by Alesha Hernandez Consumer Education Specialist, FTCIf you had a dollar for every New Year’s resolution you’ve broken, what would you do with...
Posted by Emelia Mensa CPA on 12/30/2016
When starting a new business, tracking expenses and income is a key part of the administration of your business affairs. However, it also means that you must choose what type of accounting...