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.
Maybe you can chalk that up to the old “fivefinger” employee discount. Two-thirds of respondents to a Vault.com survey said they’ve taken office supplies from their workplace.
Can I deduct parking tickets as a business expense?
Should I worry about the IRS auditing me because I claim home-office deductions?
Do I need to file a tax return for my infant daughter if we have money and mutual funds in her name?
Paying estimated tax in regular installments can be a tricky proposition, especially for corporations. But now that the dust has settled for the 2005 tax year, you may have run the numbers and found that your company overpaid its estimated taxes.
Here’s the ultimate question for retirement-savers: Which type of plan is better— the traditional 401(k) plan or the new Roth 401(k) version?
Should we pay taxes on equipment purchased for a failed business?
Suppose one of your relatives—perhaps a favorite nephew or niece—needs money to help finance a new business. Naturally, you’d like to help out if you can. However, at the same time, you don’t want to “give away the farm” without any assurances.
Does your small company sell products or services over the Internet? If so, make sure you enter the vast world of cybersales with your eyes wide open. Specifically, be aware that you could be responsible for collecting sales tax from online sales.
Are you sitting on a potential small fortune in stocks or real estate? Or maybe you own a business interest that you’re planning to sell at a tidy sum. You’ll have to pay the tax piper one way or another through income tax, estate tax or gift tax … or some combination of all three.