Small Business Tax

Section 179 vehicles should be a key part of your small business tax deduction strategies. Can Section 179 property fit in with your business tax strategies?

Let Business Management Daily help you get each and every rental property depreciation credit and business tax deduction you’re entitled to.

If you’re a high-end taxpayer with a low tolerance for tax pain, you’d be wise to check out a new mutual fund product from Wall Street.
How would you like to leave your grandchildren a legacy that will make them millionaires several times over? It can be done relatively easily, and you don’t have to be in the class of Donald Trump or Bill Gates, either.
They are rampant, according to the Better Business Bureau.
You may be trying to undercut competitors and attract business, but such a strategy will lose business in the long run, according to the Professional Pricing Society.
It happens more often than you may think: A bank notifies a small business owner that the IRS or the state is levying his bank account in connection with a corporate entity he stopped using years ago. How can that be?
If your company is among the 80 percent of U.S. businesses that lease office equipment and furniture rather than buy it, you already know the benefits of leasing. But do you know the hidden pitfalls that can drive up your leasing costs?
Say you take out a bank loan and place that money in your personal checking account. Then you start to withdraw funds as needed. Over time, you use the account for several different purposes. You just bought yourself a whole peck of tax trouble. Why?
Is there a maximum amount that any employee can be paid based on the idea of reasonable compensation with interest?
What are the per diem deductions for merchant seamen?
What triggers the wash-sale rule?