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You can’t escape taxes. Even if you aren’t paying income tax, you still pay taxes somewhere. Here are some of the taxes you are probably paying — but don’t really think about. Read More

The G8 nations met this week to discuss the issue of corporate tax avoidance. Information where companies are reporting high earnings and low staff will be shared among the G8 nations to fill a $3 trillion dollar tax gap. Read More

Every now and then, a shift in financial strategy or an unexpected event leads to a debt to the IRS. Here are three approaches worth considering for paying back the debt. Read More

Hiring your children to help out with your business can help you enjoy family tax advantages, and provide you with savings that you won’t see when you hire workers outside your family. Read More

Find out what energy efficient federal tax credits are still available for 2013, what energy efficient products qualify, and how they work in terms of reducing your Federal tax liabilities. Read More

You don’t have to confine your tax organization to the time between January 1 and April 15. If you plan your tax strategy all year, you are less likely to miss things, and more likely to improve your tax efficiency. Read More

The Marketplace Fairness Act is a bill be voted on in congress, which would enable companies with at least $1 million in sales to withhold sales taxes for online purchases. It was passed by the Senate, and will be voted on most likely in the House. How will this affect your small business? Read More

When you work from a home office, you incur a number of costs to keep your business going. The good news is that many of these home office costs are tax-deductible. Read More

It is amazing how many business owners know so little about the flat rate scheme for VAT. It is a scheme that can not only reduce the accounting burden for small businesses but also save them a fair few pennies in the process! So what is the flat rate scheme, who is eligible and what is the catch? Read More