Small Business Tax — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Business Management Daily — Business Management Daily: Free Reports on Human Resources, Employment Law, Office Management, Office Communication, Office Technology and Small Business Tax Page 3
  • LinkedIn
  • YouTube
  • Twitter
  • Facebook
  • Google+

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.

Page 3 of 319« First...234...102030...Last »
Are you having trouble collecting money for goods or services your business has provided? Consider these three strategies for securing bad-debt deductions.
Suppose you’re in line to inherit an IRA from an elderly family member, like a parent. If it suits your purposes, disclaim the inherited IRA. Use a “qualified disclaimer” before the transfer ever occurs.
Keep detailed records if your personal (nonbusiness) property is damaged or destroyed. Although it is small solace, you may be able to claim a casualty loss deduction on your 2017 tax return.
A new decision made in favor of a hallowed professional hockey team may lead to tax breaks for employers of all stripes.
You can’t divorce early IRA distributions ... The end of the myRA ... Don’t claim a business loss if your wages are high ... Beware spear phishing ... The IRS has money woes
As summer winds down, you may decide to host an outdoor party at your home, including business clients and friends. Depending on the situation, you may be able to write off a larger share of the home entertainment cost.
No tax break for parking tickets ... Avoiding the wash sale rule ... Postponing RMDs ... Taxable income from a 4-year-old’s inheritance
Frequently, taxpayers will try to turn a personal pursuit into a legitimate business operation, enabling them to deduct expenses in excess of the income produced by the activity. But you must at least try to turn a profit or your deductions will be limited to the income produced by the activity under the hobby loss rule.
The IRS is cautioning taxpayers about a new scam making the rounds, involving the Electronic Federal Tax Payment System. In this scam, someone impersonating an IRS representative on the phone demands an immediate tax payment through a prepaid debit card.
You can’t avoid FICA tax on wages. However, as fall approaches, you might be able to lessen the tax impact with a couple of deft moves.
Page 3 of 319« First...234...102030...Last »