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Financial tax tips, help, and answers for small business owners, entrepreneurs, and independent contractors. |
Knowing what expense to deduct.
If you started a new business this year, chances are you have incurred certain costs that may require special treatment on your tax return.
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Claiming the loss
With the current economic downturn, some experts suggest that employee theft will increase. So, what can business owners do if they become a victim?
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New rules will impact ATM and debit transactions |
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New Federal regulations will soon take effect. This change could have important implication for your business because it may lead to more debit card transaction being declined at the point of sale.
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New Health Care Law Brings Changes |
Expanded coverage for older children now available.
In today’s economy, many parents have adult children who still rely on them for some financial support. As a result of the recently passed landmark health legislation that overhauls the current health care system, many adult children may now be able to rely on their parents for assistance with health care coverage as well.
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New Forms To Correct Employment Returns |
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The IRS has released new forms to correct employment returns. Do you need to make an adjustment?
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Business owners are eligible for a variety of tax credits. Here are a few credits you may qualify for:
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