Inc.: According to data collected from BizBuySell.com, online business-for-sale marketplace, acquisitions for the first quarter of 2012 were the highest they’ve been since 2008. Bloomberg reports that although the company-for-sale business is not back to pre-recession levels, the increase is a positive indicator. “While we are not out of the woods yet, economic factors are […]
Entrepreneurs Cashing Out in 2012 Read More »
Think Progress recently explained why they believe corporations who avoid paying taxes cost small businesses instead. This week, Citizens for Tax Justice released a report showing that 26 major American corporations haven’t paid federal corporate income tax for the last four years. But that is just the tip of the iceberg when it comes to
Corporate Tax Dodgers Hurt Small Business Read More »
Last week we asked you if you were ready for tax season, and we shared a few tips to help you get started. The IRS has recently shared a few more tips for taxpayers to remember, reports Laguna Niguel Patch. Use Free File. Let Free File do the hard work for you with brand-name tax
Are You Ready For Tax Season, Yet? Read More »
We’ve rung in the new year, and now it is time to get ready for tax season again. The Internal Revenue Service announced that taxes for the 2011 year will be due April 17, 2012. The date was pushed back two days because the traditional 15th falls on a Sunday. Monday is Emancipation Day, which
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This time of year can be very hectic for some entrepreneurs, but its an important time if you want to save any money during tax time too. USA Today has some “must do” items you should consider before the new year. Reduce your taxes. The basic rule is accelerate expenses, delay income. In other words,
Things To Do For Your Biz In December Read More »
Tax season is never enjoyable. It usually involves a lot of time, something many small business owners do not have. Whether or not you have already completed your taxes, Entrepreneur has three mistakes you should pay close attention to. 1. Poor record keeping. Don’t rely on your memory alone. Sloppy record keeping is the most
Three Common Tax Errors Read More »
As a small business owner, it is important to make sure you are claiming all of the tax deductions that you deserve. The Huffington Post has created a list of ten tax deductions that are often overlooked. If you haven’t filed your taxes yet, check out the five deductions below and see if you qualify.
5 Tax Deductions To Remember Read More »
As we prepare to pay the federal government their share of our business income, now is a good time to look at some of the tax breaks that are available. Portfolio.com takes a look at the Small Business Jobs Act that was passed in September of last year, and how you can take advantage of
Making The Most Of Tax Time Read More »
Just preparing for tax season can feel a little daunting. The process can be complex and downright confusing. According to Westfair Online, the IRS just wants to help small businesses understand what they need to do. One of the chief improvements is a special website, www.irs.gov/smallbiz. This is a great place to give yourself a
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