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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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If you run a small business or own stock in an up-and-coming company, you may be in line for two little-known tax breaks.
Say that you bought 100 shares of Jones Co., a qualified small business, for $10,000 on June 1, 2001. On May 1, 2006, you sell the shares for $100,000.
Do I need to file Schedule C if I've started a business with my wife?
When do you have to start taking distributions from your 401(k)?
Deducting moving expenses.
Want to change your accounting method or need an IRS ruling about your employee retirement plan?
The IRS just issued controversial new proposed regulations on the “Circular 230” rules governing tax practitioners.
The U.S. Tax Court continues to be cold as ice to U.S. citizens working in Antarctica.
About 1.7 million taxpayers failed to file a 2002 federal income tax return, leaving more than $2 billion in unclaimed refunds sitting in the U.S. Treasury.
Are you the proud parent of a soon-to-be college graduate? You might want to give your child a large cash gift to celebrate the occasion. But if the money isn’t used for the child’s “support,” the gift won’t help you secure a dependency exemption for the child on your 2006 return.
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