Does Your Business Really Need to Account For Depreciation?
Simply put, depreciation is both the fact that an item (an asset) loses value over time and the way to... Continue reading →
Five Sources of Funding For Your Small Business
If you’ve used up all of your cash and need help to keep your business going, need additional cash to expand your... Continue reading →
It’s 1099 Time
Businesses of all sizes will be sending and receiving a flurry of 1099 forms in the next week. If you... Continue reading →
Does Your Small Business Have The “Right” Customers?
Having paying customers is great; they’re good for your bottom line. But customers that require extra time and effort to... Continue reading →
The Home Office Deduction: Don’t Overlook This Valuable Tax Benefit
The IRS home office deduction has been around for some time. But in the past, many small business owners were... Continue reading →
Tax Reporting of Cost of Goods Sold
I’ve had a number of small business owners ask me how to calculate cost of goods sold on their tax... Continue reading →
Tax Time Is Coming!: Five Common Questions About Small Business Taxes
We are quickly coming to the end of another calendar year. For most small business owners, this means it’s time to... Continue reading →
What the 2014 FUTA Tax Credit Reduction Could Mean For Your Small Business
If you own a small business and have employees, then you are familiar with the Federal Unemployment Tax Act (FUTA)... Continue reading →