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.
How to calculate long-term gains from sale of inherited stock.
Deduct dinner party expenses--and you don't even have to talk shop.
It sounds like a tool just for techies, but it’s not. All sorts of companies are offering free podcasts to reach more consumers.
When it comes to your Web site, the number of clicks doesn’t matter … it’s all about the sale. That’s why it’s important to maximize your site’s “conversion rate,” which is the number of Web site visitors who act on an offer (buy a product, etc.) divided by the number of total visitors who see the offer.
It’s too late to do anything about the amount you’ll owe on your 2005 tax return … right? Wrong! You can still slash your tax bill by zeroing in on tax breaks that usually fall by the wayside if you’re operating on cruise control.
Take steps now to safeguard your cellphone data and that of your employees. Reason: It’s now easy for unscrupulous data brokers to obtain and sell the name and address connected to a cell-phone number, plus the complete record of outgoing and incoming calls.
If you want a bigger bang for your advertising dollars, consider partnering with a larger company when creating print, radio or TV advertisements.
Say you took out a home-equity loan last year and used the cash to pump up your pass-through business, such as an S corporation, partnership or limited liability corporation (LLC). You’re generally entitled to deduct the interest paid on the first $100,000 of that home-equity loan as mortgage interest (as an itemized deduction on your Schedule A).
If the IRS questions one of your write-offs, it will ask for documented proof. Research Recommendations subscribers can obtain a free report that provides a list of the type of written proof you’ll need to verify 25 different kinds of deductions (from bad debts to home-office expenses).
You may have heard rumors or seen headlines about more-generous deductions available for your medical expenses.