Business Taxes

Small Business Ready for Tax Season

3 Tips to Get Your Small Business Ready for Tax Season

Small business owners often wait until the last minute to start thinking about taxes. Get a jump on tax season to minimize your tax burden. Getting an early start to your taxes can help you minimize your tax burden, increase...

Tax-Deductible Advertising Expenses for Your Business

Advertising your business can cost big money. Fortunately, the Internal Revenue Service recognizes these business expenses and allows you to deduct the cost on your taxes. Increased advertising is believed to boost sales and generate more taxable income in the...
Tax and Record Keeping Tips for Your Small Business

Tax and Record Keeping Tips for Your Small Business

Small business owners face a great deal of challenges, but taxes always appears at the top of the list. Small business owners need to make sure they are paying what they should and taking the appropriate deductions to reduce their...
Small Business Really a Hobby

Is Your Small Business Really a Hobby?

The Internal Revenue Service (IRS) has several rules on small business deductions - designed to determine if you are managing a small business or a hobby. According to the IRS, incorrect deductions and adjustments that are actually hobbies result in...
Three Easy Ways to Manage Your Small Business Taxes

Three Easy Ways to Manage Your Small Business Taxes

A new year brings about new resolutions. This year, I have resolved to become more efficient about managing my small business, especially in regard to tax planning. Better tax planning can minimize tax liability and save money. By starting the...