Small Business Tax Deduction Strategies

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.

Faced with rising costs, Quality Environmental Professionals Inc. scrambled to find ways to cut costs without laying off staff. But when the CEO tried to cut into the doughnut budget, employees balked. Employees offered to work an extra hour or two each week to ensure the continued flow of doughnuts ...

Making a large donation to your favorite charity? You don’t necessarily have to give a cash gift. Instead, you might donate shares of stock in your portfolio. But there’s a “wrong way” and a “right way” to do it.

It’s always a challenging task to complete your federal tax return. But wading through this year’s version is even tougher than usual. Reason: A slew of new law changes and adjustments are reflected on Form 1040 for the first time.

You can choose between two main types of charitable lead trusts (CLTs): nongrantor (or nonreversionary) trusts and grantor trusts. Which one should you use? It depends on your objectives.

Eight women from the Tampa Bay area have joined an EEOC class-action lawsuit against Sterling Jewelers, owner of Jared, Kay Jewelers and Marks & Morgan stores. The lawsuit alleges that Sterling pays women in retail sales positions less than men and denies them promotions ...

Donald Snyder, former director of the Illinois Department of Corrections (IDOC), forfeited his right to pension benefits when he was convicted of engaging in “a scheme to defraud the people of the state of Illinois,” Attorney General Lisa Madigan said.

As things stand now, the “bonus depreciation” deduction and doubled Section 179 deduction included in last year’s economic stimulus law last for just one year. But Congress might agree to extend the deadline longer ...

An old-fashioned idea, bartering, is making a comeback among small business owners. And since no cash passes hands, you don’t have to pay any tax on the deal ... right? Wrong.

Here are the key tax-filing deadlines for 2009. Keep this tax calendar handy for reference throughout the year.

You’re legally obligated to make the business premises accessible to disabled individuals. But it’s possible to defray part of the expense with some smart tax planning.