As a small-business owner, you’re most likely working for yourself — and there are countless big-ticket items you must purchase or consider buying down the road. Computers and other specialty equipment are no-brainers, but large assets like a brick and mortar office and side vehicle aren’t often necessary and tend to be economically out of […]
Wow! Just finished this compilation and realized that none of the articles linked to here focus on the presidential race! (You can thank me later.) However, there are some very interesting insights into how things are changing, especially in the world economy, SEO and content marketing. And, in the big scheme of things, these will […]
Caught up in the frenzy of March Madness? Don’t forget it’s also tax season. The filing deadline is just around the corner, and while you can’t escape paying Uncle Sam, you can make sure you don’t pay more than legally required. However, because the tax laws change every year, knowing what you can and can’t write off is confusing to say the least. Some business owners miss perfectly legitimate deductions while others get creative and take more than they should resulting in potential problems down the road.
Tax time is stressful for small business owners particularly in light of our complex and changing tax law. Unless you’re a tax expert, it’s difficult to keep up with all the rules and regulations. While small business owners know you can’t get out of paying Uncle Sam, no one wants to pay more than legally required. However, some business owners may get a little too creative when it comes to taking tax deductions.