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Over the last few months, controversy has slowly been building around the amount of tax paid by large corporations operating in the UK. As taxpayers, we all feel a little cheated by some of our favourite household names. But I can’t help but think that, yet again, it’s the small businesses that are Read More
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Do you operate a single “owner” or member limited liability company (LLC)? Thinking of forming a multi-member LLC? Either way, you’re likely to have questions about how your business is, or will be, taxed. Here’s what you need to know.
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Get a better understanding of what the self-employment tax is, who has to pay it, and how it is calculated. Read More
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As the end of the year approaches, hopefully you are organizing your home business taxes. Getting your paperwork in order now can save you a lot of trouble later. And, if you don’t have an accountant to help you with your home business, you should consider getting one. Read More
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One of the biggest issues of the presidential campaign is taxes. Learning a little bit more about the competing tax plans can provide an idea of the philosophy driving each candidate. Read More
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So you made some money on the side this year. Great! But don’t think you automatically have a business. The IRS may only see your side-gig as a hobby. Read More
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This article defines terms that are in the news and talked about in the recent U.S. Presidential Debates: "sequester" and "fiscal cliff." If you've wondered what those terms mean and why they are important to small businesses, this article explains it, without taking sides ... Read More
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Understand what the new 2013 contribution limits for tax-advantaged accounts are after the IRS accounts for inflation. Read More
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Business owners are sometimes the kids at the candy counter in the drug store when it comes to business expenditures. They welcome any type of encouragement to purchase another piece of equipment they really want but absent a current need. Read More
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If you donate property to a qualified charity, you can potentially lower your Federal tax bill by receiving a tax deduction. Find out how to deduct good donated and some tips to follow in the process. Read More
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Share your small business tips with the community!








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