If you incorporate or form an LLC in the New Year, you can make a clean break for taxes. But that's only one of many good reasons to take the leap. Read More
Details about the casualty loss tax deduction and the tax deduction for theft. Find out what IRS form to use, and qualifications for this IRS deduction. Read More
Investment losses aren't all bad. You can use your investment losses for harvesting tax deductions to lower your taxable income. See how tax harvesting is done. Read More
I know there must be dozens of people reading the title of this post and mumbling to themselves, “Why is she already talking about taxes? That’s not until April!” Ah, but that’s the trick to Tax Day on April 15th: it always looks further away than it really is. Read More
The self-employed lifestyle holds great promise when you first embark upon it, however you quickly find yourself doing things that you would never have dreamed of. You are expected to take on role of salesperson, market researcher, accountant, lawyer and social media expert, while not getting paid Read More
Too many people don’t get the deductions they deserve and end up paying the IRS way too much at tax time because they’re unsure of their rights and legal privileges as home-based business owners or people who sometimes work at home. Read More
If you are planning an international expansion, you will likely need to employ expatriates in critical markets to grow your business. Sending an employee abroad; however, creates a host of issues, and tax liability is one of the most complicated. Learn three common ways of managing this risk. Read More
A major source of confusion with taxes is the rate at which we are taxed. To find how much taxes you owe, there are a few steps you must go through. Read More
When starting a business, it can be confusing and a little overwhelming to keep on top of the different types of tax filings that need to be submitted and the timing on each one. Documents received from the government are not always clear as to what needs to be done, particularly if you are not fa Read More
The Canada Revenue Agency (CRA) has specific criteria for what qualifies as a charitable donation and not all good acts qualify for a tax benefit. Growing a moustache (although not without its costs) or supporting your charity case brother-in-law, are generally not considered to be a charitable don Read More
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Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!
Share your small business tips with the community!