February 2013
3 posts
5 questions to ask a small business accountant
Successful entrepreneurs and business owners know their numbers and rely on their accountant to provide specialist help and leadership in this area. Let’s face it, chances of success are far greater if you have a good grip on profitability, cashflow, financing and tax. Involving your accountant in the business and even making them your virtual CFO will empower you.
The following are the five...
Six Year-End Tips to Reduce 2011 Taxes
Here’s what the IRS recommends to save on income taxes:
Special Edition Tax Tip 2011-09, December 21, 2011
The IRS wants to remind all taxpayers that with the New Year fast approaching, there is still time for you to take steps that can lower your 2011 taxes. However, you usually need to take action no later than Dec. 31 in order to claim certain tax benefits.
Here are six tax-saving tips...
Small Business Write-Off Ideas
As an owner of a small business, staying aware of the day-to-day operations of the business is a priority. At this time of the year, an owner must constantly stay aware of tax strategies for the business. Here are some write-off ideas:
Car Expenses
Using a vehicle for business is quite common; one decision to make is whether to use the Actual Expense Method or the Standard Mileage Deduction.
...
