Deductions

Small Business Tax Deductions You Need to Consider

When you run your own small business, you are always looking for new money-saving strategies to boost your bottom line. One of the ways you may be leaving money on the table, however, is by not taking some of the tax deductions for which you are eligible. This oversight is easy to do because the tax laws are complicated, and finding the time to learn about what is and what … [Read more...]

How You Can Avoid a Tax Audit for Your Small Business

It is the stuff of nightmares. An official looking envelope arrives in your mailbox announcing that your small business is going to be audited. Then an austere-looking man wearing a dark suit and holding a briefcase shows up at your office asking to see all your receipts, wanting to look around and asking all kinds of questions. The good news is the IRS audits only a small … [Read more...]