Tax and Accounting
Don’t Make These 4 Common Tax Mistakes
As a business owner, one time of the year that you might not look forward to is tax time. After all, not only do you probably not want to have to pay in any taxes,…
When Should I Book Revenues?
It’s the end of one year and the beginning of the next. Small Business owners have some discretion as to when they book revenues on the last day of the year. First you have to…
Should I Use Form 1040, Form 1040A, or Form 1040EZ?
When you file a personal income tax return with the IRS by April 15, you have a choice of 3 basic tax forms to select from that are essentially designed to report similar tax and…
Valuation of Your Business for Tax Planning
Few business owners relish spending money on something they don’t need. And for most owners, hiring an expert to estimate the value of their companies falls into that don’t-need category. So it is no surprise…
3 Important Multi-State Tax Facts Companies Need to Know
What do software companies need to know about when it comes to multi-state tax issues? Last year we shared an overview of nuances many in the field don’t think about, but need to consider when…
2017 Tax Law Changes That Could Affect You
After “Auld Lang Syne” plays to usher in a new calendar year, you can always bet on the government and the Internal Revenue Service making changes and adjustments to tax laws from the previous year….
Standard Mileage Rate Falls Again for Tax Year 2017
Self-employed professionals who use a vehicle for business trips were likely not thrilled when the standard mileage rate on deducting business mileage plummeted from 57.5 cents per mile in 2015 to 54 cents per mile…
A Lowdown on the 2017 Tax Season
The Internal Revenue Service has officially announced when the opening bell for the 2017 tax season will ring, signaling the start of when the federal tax collection agency will begin processing federal income tax returns….
6 Tax Moves to Make Before the End of the Year
As the hectic holiday season approaches, most people are wondering how they’ll be able to save on holiday shopping rather than what they can do to save on taxes. So, let’s explore some tax moves…
A Guide to Balance Sheets and Income Statements
When you own a small business, organization and good recordkeeping are two of the most powerful tools you have at your disposal. Keeping track of things like sales, outstanding invoices and monthly expenses is essential…
More from Tax and Accounting
Top Articles in This Category
