by | Dec 14, 2010 | Accounting & Bookkeeping, Cash Flow, Cost Cutting, Current Affairs, Income Taxes, Small Business Owners, Tax Tip of The Week
As the year comes to a close, investors can still make some moves that will lower your tax hit. The following is a list of the common moves that investors should consider: Trigger your losses before year-end. Capital losses first offset capital gains. So review your...
by | Nov 11, 2010 | Business Profit & Cash Flow Tips, Current Affairs, Sales & Marketing, Small Business Owners, Web/Tech, Weblogs
We have been following Seth Godin’s blog for some time now and found his information and emails extremely useful!! In case you haven’t heard of him and his blog, www. sethgodin.typepad.com, here is a sample of one of his posts. We hope you find it informative and sign...
by | Oct 29, 2010 | Accounting & Bookkeeping, Business Profit & Cash Flow Tips, Business Success Series, Cash Flow, Cost Cutting, Current Affairs, Income Taxes, Personal financial planning, Small Business Owners, Tax Tip of The Week
“You owe $25,000 in taxes!!!” Is the last thing you want to hear your accountant say on April 15th. With new tax law changes and failing to plan, your tax bill can easily equal $25,000 or more!! Tax planning is the best way to avoid steep tax bills and heart stopping...
by | Oct 25, 2010 | Cash Flow, Cost Cutting, Current Affairs, Income Taxes, Small Business Owners, Tax Tip of The Week
For 2010 the maximum write-off for cars in the first year is $11,060. That will fall to around $3,000 in 2011.The limit is higher for new SUVs with loaded weights over 6,000 pounds. If the SUV is put in use this year: Up to $25,000 of the cost can be expensed, half of...
by | Oct 8, 2010 | Accounting & Bookkeeping, Current Affairs, Income Taxes, Tax Tip of The Week
Many of you may know the October 15th deadline for filing personal income tax returns on extension is approaching. My staff and I have been scrambling to finish the returns that were brought in. For those of you who completely forgot all about your tax return on...
by | Sep 30, 2010 | Current Affairs, Income Taxes, Small Business Owners, Tax Tip of The Week
After two years of ignoring small business concerns and spending over 2 trillion dollars bailing out big banks, big business and big unions, congress and the president finally decided to try to help the small businesses who employ almost 90% of employees. The problem...