by | Feb 27, 2012 | Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Cost Cutting, Current Affairs, QuickBooks, Sales & Marketing, Small Business Owners, Web/Tech
Go to www.myprofitguru.com to listen to our free webinar that will show you the following 10 surefire ways to make more money and keep it in the bank. This one-hour webinar is jam-packed with information that I have used over the last thirty-plus years to help...
by | Jan 30, 2012 | Cost Cutting, Current Affairs, Tax Tip of The Week
Are you short of cash for an IRA contribution this year? The IRS may give you a “loan”. Planning strategy: Use your federal income tax refund to fund your IRA contribution. Simply file your 2011 return early, claiming a deduction for the amount you intend to...
by | Dec 31, 2011 | Cost Cutting, Current Affairs, Income Taxes
Congress has passed new legislation providing an expanded tax credit to employers that hire unemployed veterans. The maximum credit is $5,600 for hiring veterans who have been out of work at least six months, and $9,600 for hiring unemployed vets with disabilities....
by | Nov 30, 2011 | Cost Cutting, Income Taxes, Tax Tip of The Week
Taxpayers 70 ½ and up must take their payouts from IRAs and company plans by year-end. Start with your December 31, 2010 IRA balances and divide each of them by a factor for your age (The age factors are printed in IRS Publication 590 which you can find at...
by | Nov 22, 2011 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Cost Cutting, Current Affairs, Income Taxes, Tax Tip of The Week
There is still time to cut your business income tax bill for 2011. Here are 7.5 tax cutters that you should consider implementing before year-end: Buy equipment this year. For 2011, the maximum 100 percent deduction of equipment under Section 179 is $500,000. This is...
by | Nov 16, 2011 | Accounting & Bookkeeping, Cost Cutting, Current Affairs, Income Taxes, Small Business Owners
There is still time to cut your income tax bill for 2011. Here are 11.5 tax cutters that you should consider implementing before year-end: As long as it makes financial sense, sell any of your stocks that are in a loss position to offset any capital gains you may have...
