Small Business Tax Strategies

Smart small business owners save thousands of dollars per year on their personal and business taxes by taking advantage of the legal loopholes that the government creates for their unique tax situation. Small Business Tax Strategies cuts through tedious tax code to reveal the bonanza of completely legal opportunities to grow personal wealth and secure an enjoyable retirement.  Learn more about Small Business Tax Strategies and the two free reports you’ll get when you subscribe...

The annual limit for dependent care expenses in flexible spending accounts (FSAs) has remained at $5,000 since FSAs were authorized back in 1986. Now momentum is building in Congress for an increase.

A recent proposal in the House, co-sponsored by Reps. John Yarmuth (D-Ky.) and Sam Johnson (R-Texas), would jump the limit to $7,500. The Senate version of the bill, co-sponsored by Sens. Blanche Lincoln (D-Ark.) and Olympia Snowe (R-Maine), would boost the limit to $7,500 for one dependent; up to $10,000 for two or more dependents.