photo credit: Tracy O What a difference a few days can make to the trajectory of a transition. At the end of last week, I was prepared to give our new President an “A” for outstanding efforts to create positive momentum. Now I’m thinking he deserves a B-minus at best. Why the shift? In a […]
Is It Our Business Read More »
Kiplinger: By now we’ve all heard one of the newest American complaints — all this stimulus and bailout money, but where’s mine? Like many individuals, most businesses won’t get much government help. But many savvy companies will find ways to make sure they benefit from the massive increase anyway. Here are three examples of some
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The Wall Street Journal: Just a few days after President Obama announced a stimulus plan for small businesses, more breaks might be in the works. Rep. Frank Kratovil of Maryland, a Democrat, and Rep. Chris Lee of New York, a Republican, proposed amending IRS code to allow new businesses to write off more of their
House Suggests Bigger Tax Break For Start-ups Read More »
CNN: It is at least 1,000 pages long. It costs $787 billion. And it’s as thick as two telephone books. The size and scope of President Obama’s stimulus package is staggering. But for many Americans who work at home, their concerns about the package can be reduced to one question: What’s in it for me?
Tax-Time Tips For At-Home Workers Read More »
The following guest post is from Outright.com. It’s tax time, which means almost 21 million self-employed people are preparing to fill out their tax returns, including Schedule C: Profit or Loss from Business. Should be pretty easy – just enter how much money came in and went out of your business last year. Right? Well,
Top 9 Confusing Business Deductions Read More »
The Wall Street Journal: President Obama mentioned “entrepreneurs” and “small-business owners” — “the hardest working people on earth”- several times in his first address to Congress. The U.S. economy, he says, relies on innovation and small businesses continuing to hire workers to stay strong. Though the President didn’t offer new proposals geared directly at entrepreneurs,
How Obama’s Plans Could Affect Entrepreneurs Read More »
photo credit: Nesster The IRS kindly sent over this press release: Although no phrase may strike more fear in a taxpayer than the dreaded, “IRS audit”, the prospect of an IRS audit need not paralyze your small business. You can learn how to prepare for and what to expect during an audit by tuning in
IRS Details the Audit Process Read More »
photo credit: Paul Keleher Tax time seems to creep up on us faster and faster each year. Before we know it we have one week left to file, we can’t find half the information we know we need and we haven’t even figured out how or where were going to have our taxes done. If
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Freelance Switch: There are quite a few deductions available to freelancers that may not seem obvious when you first sit down with all those 1099s and receipts. But as long as you have the right documentation, you can write off plenty of deductions you may never have thought of. 1. Unpaid invoices 2. Niche research
Tax Deductions Freelancers Can Make Read More »
Union Leader: Understanding and choosing how a small business is taxed is an important decision for business owners. The stakes are very high as an incorrect choice may prove costly to correct. By making the proper choice, a business owner can minimize taxes paid to Uncle Sam and put more cash in their pockets. A
Decide How Your Small Biz Will Be Taxed Read More »
