Income Tax

One of the most significant tax provisions included in the recently enacted Small Business Jobs and Credit Act was the extension of the fifty percent first-year special depreciation allowance provision, commonly referred to...

If you don’t currently offer a Roth 401(k) or 403(b) plan to your employees, this legislation is one more reason you might want to consider doing so.

As a business owner you may be eligible for a waiver of fees incurred in a late tax filing.

REITs were created as a way to give average investors the opportunity to invest in large-scale, income-producing real estate through the purchase and sale of liquid securities.

One of the benefits of having a business is the ability to reduce your taxable income with legal tax deductions. You need to follow IRS guidelines for determining whether or not your activity...

As a business owner, there are a number of accounting terms you should know. Even if you have an accountant or bookkeeper handling the majority of your finances, it's a good idea to...

It’s not easy being a millionaire these days. Data from the IRS shows close to 3,000 of them have been collecting unemployment.

Despite the weak economy, some public U.S. companies managed to profit more than 1,000% over the previous year. Who are they and how did they do it?

This new law will require that all landlords will be required to track information about contractors that have been hired to perform services to rental property that exceeds $600 a year. President Obama...

If your plan already complies tell employees you already had these provisions before PPACA required them:

On Monday, September 27, 2010, President Obama signed into law H.R. 5297, the Small Business Jobs and Credit Act of 2010. The Act includes several significant tax provisions which aim to encouragement investment,...

Tax write-offs are one way that small businesses are able to deduct the cost of capital expenses.

On Monday, September 27, 2010, President Obama signed into law H.R. 5297, the Small Business Jobs and Credit Act of 2010. In addition to creating the Small Business Lending Fund Program to direct...

While deductions aren't as valuable as credits, they can still help you reduce what you owe. Here are a few tax deductions that nearly anyone can take.

Discover why you should open a business bank account and how to find the right one for you.

There is a raging debate on the tax implications of the most recent Health Care Bill. The Health Care Bill has inflamed the ire of Republicans because it appears to break a previous...

Discover the risks associated with operating as a sole proprietorship and why you should consider incorporating your business.

Understanding the tax implications of current expenses, capital expenses, and Section 179 can help business owners make educated decisions about how they want to expense assets for the future benefit of the company.

Are you considering forming an LLC for your small business? Discover the benefits and why this structure is one worth looking into.