by | Aug 9, 2016 | Accounting & Bookkeeping, Books, Income Taxes, Personal financial planning, Small Business Owners
If you have a home business or a home office, it can be difficult to know just what you can claim as a business expense and what you can’t. There are some common expenses that self-employed people working from home often miss claiming because they aren’t aware of the...
by | Aug 8, 2016 | Accounting & Bookkeeping, Income Taxes, Personal financial planning
Preparing for your annual visit to your accountant for tax season doesn’t have to be a stressful time in your life. In fact, if you have kept organized records, or at least have all your receipts and documentation in one place, it can be very easy to do. Working with...
by | Jul 25, 2016 | Current Affairs, Income Taxes, Personal financial planning
A rich, distant uncle dying and leaving you all his money may sound like good luck, but any financial windfall should be managed carefully if you want to conserve it for the future. Remember these tips if you come into some money: Stash it away. Put the money...
by | Jul 12, 2016 | Accounting & Bookkeeping, Income Taxes, Personal financial planning, Tax Tip of The Week
It is never too early to start organizing for tax time. If you have a desk, box or simply a folder full of receipts and tax forms, you can develop easy organizational practices or habits to make your life easier and to help your accountant when you actually go to...
by | Jul 11, 2016 | Accounting & Bookkeeping, Income Taxes, Tax Tip of The Week
If you have any expenses for businesses not covered by your employer, you may be able to file the IRS Form 2106 that allows you to make these deductions on your taxes. It is important to remember that this form is only used if you are an employee, not if you are a...
by | Jul 8, 2016 | Business Profit & Cash Flow Tips, Business Success Series, Cost Cutting, Income Taxes, Small Business Owners, Small Business Success Series
Most of my tax planning occurs at the end of the year. But thinking about taxes at mid-year is when you should really start. This is especially true if your income appears to be increasing dramatically over last year’s. With five months still...
