Bartering is as old as commerce itself and today a variety of developments have brought renewed interest to this traditional practice. Challenging economic conditions combined with the ease of Internet-based exchanges have made bartering an attractive way of acquiring products and services, especially for newer small businesses. In its most simple form, a new health […]
Tax tips fall into two basic categories: The longer list of things you can do during the tax year to reduce your liability and a shorter list of things you need to do after the year is over but before you file. Our subject here is that second list. Let’s get going. 1. Take the […]
In last week’s column, I wrote about some of the recent tax law changes that you will have to deal with when filling out your tax return for the year. Is there anything you can do to minimize the impact of these changes? The short answer is “yes, maybe”. Here are six things small business […]
Now that the holidays are over and you have (hopefully) recovered from your New Year’s hangover, it is time to start thinking about: getting your taxes in order for 2013; and planning for your 2014 tax bill. First, the bad news: 2013 is over. It is simply too late to change anything that happened on […]
2013 has been a big year for taxes. The “fiscal cliff” deal boosted the top federal income tax rate to 39.6%; “Obamacare” added new taxes on top earners; and dozens of state and local governments raised their taxes, too. Congress will finish 2013 even more divided than it began, which will probably protect us from new taxes next year. […]