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.

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Will one of your children be entering college next year or soon after? Paying for higher education may send chills down your spine, but there’s not much you can do about it. Or is there?
One of the most onerous provisions in the tax code imposes personal liability for unpaid employment taxes on small business owners and managers.
We’ve all heard horror stories about wealthy individuals who have an entire lifetime’s fortune quickly drained by extended nursing home stays.
We’re going to let you in on one of the best-kept tax-saving secrets for small business owners that is in the tax law.
Energy credits; medical expenses; teacher's helper; heavy-duty vehicle
Suppose an activity that started as a mere hobby is starting to produce some revenue. You can reap some tax rewards if it turns into a full-fledged business.
Do you need to raid your IRA to pay for unexpected expenses? Generally, the IRS will penalize you for early withdrawals, meaning those taken before age 59 ½.
If you own a boat that provides some of the creature comforts of home, you may be entitled to tax benefits normally associated with a fixed dwelling.
Due to fluctuating market conditions, even savvy investors can face losses on stock sales.
After years of hard work, it would be a shame if your family fortune was exposed to creditors or litigious individuals.
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