A reader wrote: I have a question about working from home. Can you work from home for a company based in Canada and you live in say like US (Florida). How does the currency work? Can they pay you by check like most US companies are is their a difference? I seen where their was […]
Reader Mailbag: Canadian Money Read More »
Historically, January 24 was both a good day, and a bad day for entrepreneurs. Not only was gold discovered in California and the first Apple Macintosh put up for sale, but the income tax was declared legal in the United States. 1848 – California Gold Rush: James W. Marshall finds gold at Sutter’s Mill near
Today in Entrepreneurial History: January 24 Read More »
Did you know that there’s a new home office deduction option on your 2011 taxes? The new home office deduction option offers a new, simpler way for calculating the home office tax deduction, allowing small business owners and employees who work from home and who maintain a qualifying home office to deduct up to $1,500
New Home Office Deduction Rules Read More »
If you want to be prepared for tax season next year, now is the time to absorb all the information you’ll need and make a few changes. Several of the enhanced deductions available to business owners and the self-employed have to do with the purchase and depreciation of assets. And currently, the IRS designates different
Get Ready For Tax Season Read More »
1888 – Thomas Edison files a patent for the Optical Phonograph (the first movie). 1907 – Guglielmo Marconi’s company begins the first commercial transatlantic wireless service between Glace Bay, Nova Scotia, Canada and Clifden, Ireland. 1919 – RCA is incorporated as the Radio Corporation of America. 1931 – Al Capone convicted of income tax evasion.
Today in Entrepreneurial History: October 17 Read More »
The following is a guest post by Rick Rodgers. Income taxes are going up next year, and not just for those who earn more than $200,000 a year. “Taxes are likely to be higher for everyone” says financial planner Rick Rodgers, author of The New Three-Legged Stool: A Tax Efficient Approach To Retirement Planning. “We
3 Tips for Taking Advantage of This Year’s Lower Tax Rates Read More »
The Montgomery Advertiser: Afiya Madzimoyo, formerly Carolyn Caver, is being recognized by Compro-Tax for her work in entrepreneurship training and professional development in contributing to the mobile tax office trend. She’ll be honored Sept. 15 at the Renaissance Montgomery Hotel & Spa at the Convention Center. “Her story is a textbook for those who want
Mobile Tax Office Entrepreneur Recognized For Contributions In Biz Read More »
Tax season my be over, but that doesn’t mean you should rest easy yet. Small businesses are often the victims of a tax audit. Fox Business has a few tips to help you avoid being audited. Consider using tax software or a tax professional to complete your tax return. Keep business expenses separate from personal
Avoiding A Tax Audit Read More »
One thing new entrepreneurs fail to consider is just how much, and how often they will pay state and federal taxes. The estimated tax payment requires some to pay in quarterly throughout the year. Business Insider breaks down the information for you. Who has to pay estimated tax payments? The rules for estimated tax payments
What Are Estimated Tax Payments? Read More »
Slate: Why do you have to fill out all these complicated forms at all? Why don’t you just lie on your taxes? You don’t lie because you’re worried that the IRS will catch you. And why do you worry about that? Because all the various entities who’ve paid you over the course of the past
Who Wants Taxes to Be So Complicated? Read More »
