The IRS determines how much of your federal income tax is owed based on your gross income. There are specific tax codes that can affect it, which ...
In order for small business owners to get the upper-hand during tax season, it must begin on day one of the tax year. That means organizing your receipts and filing your expenses in an organized format that will be easy to recall when it comes ...
Theory is splendid but until put into practice, it is valueless.James Cash Penney, J.C. Penney founder
Small businesses can live and die by tax deductions and write-offs; when you don’t have a lot of free capital, you need to find any way that you ...
The Section 179 IRS code refers to the ability for small businesses to use what is called a depreciation deduction for capital expenditures over ...
If you own an LLC, you can decide how the IRS treats your business, either choosing to use partnership, corporate or sole proprietor tax rules. ...
Many business owners are unaware of some tax deductions they are qualified for. Many business owners continually look for ways to lower their ...
April 15 is only a few short weeks away. And while savvy restaurant owners use a proactive approach to taking advantage of the business tax ...
Tax season is here. And while some Americans can get creative with their deductions, many small business owners overpay their taxes every year ...
