There are many benefits of having your own business. Being a business owner gives you more control over your work schedule, the ability to hire others, and the opportunity to build a company from scratch. However, entrepreneurs also have responsibilities that can be less fun, … [Read more...]
6 Helpful Tax Deductions for Small Businesses
Often referred to as “write-offs,” tax deductions are expenses your company does not have to claim as taxable income, thus resulting in less money owed to the government. In simple terms, if a company makes $1,000, a percentage of that is given to the state in taxes. If $500 of … [Read more...]
What Does It Mean When Something Is Tax Deductible?
Annual total tax revenue in the United States can be as high as $3 trillion. If you're paying income tax, you'll be familiar with the concept of deductibles. But what does it mean when something is tax deductible? There is a range of ways you can reduce your tax bill, and … [Read more...]
Small Business Guide to Overlooked & Uncommon Tax Deductions
The complexity of our tax system makes it all remarkably easy to overlook legal deductions. No business owner launches a business intending to overlook such opportunities, but the oversights are understandable. Get educated about the most overlooked and uncommon tax deductions … [Read more...]
