6 Smart Moves to Cut Your Tax Bill Before December 31st
New and Improved Energy Tax Credits for Homeowners
New and Improved Energy Tax Credits for Homeowners
4 Benefits of Using Accounting Software for Your Small Business
START TODAY! Your Path to Starting Your Own Business.
There has never been a greater time in history to start and own a small business. Advancements in technology have made it easier and easier for entrepreneurs to get started with very little startup cost.
What's the best way to report your vacation home rental income?
Do you have a beach or mountain home that you rent out? What’s the best way to report your income?
Don’t Rob Yourself of the Home Internet Deduction.
If you do some work at home, you’re probably using your home internet connection. Are your monthly internet expenses deductible? Maybe.
The deduction rules depend on your choice of business entity (proprietorship, corporation, or partnership).
Last-Minute Business Deductions
Well, here we are coming into the holiday season and the end of 2021. If you’re a business owner, you want to make the most of your business deductions and minimize your tax liability. The purpose of this article is to get the IRS to owe YOU money.
Of course, the IRS is not likely to cut you a check for this money (although in the right circumstances, that will happen), but you’ll realize the cash when you pay less in taxes.
Here are six powerful business tax deduction strategies that you can easily understand and implement before the end of 2021.
Small Business: Cloud Accounting is Here to Stay
The speed we do business has never been faster, and it’s only going to increase. Cloud accounting is now a staple in present day business operations, for any size of business. Right now, cloud accounting software—from leaders in the industry, QuickBooks and Xero—exists on a centralized server that is always connected to the Internet. Because of that, you can access that information from any device with a web connection; be it your laptop while you’re in an airport lounge or your mobile phone while you’re in a client's office or your tablet that you keep by your bedside at night or, yes, the computer in your office. The choice is yours.