Should you or shouldn’t you deduct, exempt or include? When in doubt, go to the source. From single click access, to the most common forms like W9 and W4, to articles on the new 1099 reporting requirements, this is the most reliable source of information about federal taxes and tax reporting.
If you are an independent contractor or small business service provider, knowing what travel expense rates might be palatable to your clients is valuable information. The General Services Administration (GSA) provides information about per diem rates by location, mileage reimbursement and vendor payment schedules.
The Federal Trade Commission (FTC) has a variety of great articles helpful for startups and small businesses, such as clear and concise write-ups on advertising do’s and don’ts, which keep you in line with truth-in-advertising standards. Do you extend credit to your customers? Check out the article on Complying with the Credit Practices Rule.
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