Posts Tagged ‘Taxes’
Snapping Your Way to Savings: Tax Tips for Photographers
Professional photographers capture some of the most important moments of each day. Perhaps you take pictures at press conferences, weddings, sporting events, or natural wonders of the world. While you’re probably an expert at timing, you may not have as much experience when it comes to handling business accounting requirements. So, in honor of Photographers…
Read More6 Tax Tips for New Small Business Owners
Did you just start your own lawn service or construction company? Launching a business is one of the most exciting things you can do, but you must be prepared for a whole new set of tax laws and requirements for small business owners. These tips can help you remain compliant with all tax authorities and…
Read MoreSales Tax Non-Compliance: What’s Your Exposure?
An entrepreneur’s dream is to start her own business and witness it grow. First, she wants to see it grow locally. And then, she may see it grow statewide. Whether the company is a small retail operation or a cutting edge technology company, the next step up may be overwhelming as the business begins to…
Read MoreTax Deductions for New Small Business Owners
As a small business owner, you can take advantage of many tax breaks to reduce your tax bill and keep more of the income you earn. Many business tax deductions are often overlooked and are never claimed, which can leave thousands of dollars in savings on the table. Consider these commonly overlooked deductions when you…
Read MoreCorporations: Changes for 2016
One of the most positive aspects of my job is to talk to people who come in with their start-up ideas. Whether those are tried & tested ideas or totally out of the box schemes, the excitement at starting something new is always palpable. It’s like planning a baby’s room or buying a new house.…
Read MoreFiled a Tax Extension? Do These 5 Things Before the October Deadline
Some of us just need to buy a little extra time when handling our IRS tax obligations each year. If you are part of this group this year and you filed for an extension of time to pay your tax bill, your 6-month grace period is almost up. Consider a few easy things you can…
Read More6 Steps to Take This Fall to Reduce Your Tax Bill in 2017
The weather is gradually cooling down, and the leaves are starting to change color if you’re a northerner. Football action has kicked off. Can you finally feel fall in the air? While we’re still a few months out from the calendar turning to 2017, tax season will be here before you can say “IRS.” With…
Read MoreSweeping Up Tax Savings: Tax Deductions for Self-Employed Housekeepers
There may be nothing more rewarding than laboring all day to clean up a messy house and then seeing how sparkling and new it looks after this hard work. While housekeepers may get this nice dose of satisfaction, they are still like all self-employed professionals who get hit with countless taxes and IRS regulations. So,…
Read MoreTax Tips & Deductions for Food Truck Owners
Do you serve up hot subs, fresh salads, and sweet treats around town in your decked-out food truck? If so, you’re part of the rapidly growing mobile cuisine industry. While it can be quite rewarding to prepare delectable edibles for hungry consumers looking for a quick bite to grab, there are several IRS tax rules…
Read More3 Must-Haves of Small Business Tax Provision Software
Recently published surveys indicate that 50% to 70% of the tax departments in publicly traded companies exclusively use spreadsheets to manage ASC 740 processes. However, the percentage would be higher if the surveys focused strictly on small and medium businesses (SMB). These numbers have held steady the scrutiny of the last 15 years relative to…
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