Tax Deductions

Ever wondered what it takes to operate a door-to-door sales operation? Interested in expanding your existing sales channels to include door-to-door selling? Whether you provide a direct product or service, resell someone else’s...

I believe it is a forgone conclusion that the U.S. economy is headed toward the second half of a ‘double-dip recession. The only questions are how deep the second half will be, how...

It's a pervasive myth that the accounts receivable can't be financed.

Mezzanine debt lenders fit in between bank lending and venture capital.

Businesses can gain cash when they sell their property and then immediately lease it back from the new owner.

In January of 2011 the Obama administration wants to increase the top income bracket of individuals from 33% to 39.6%. This increase will hit many small business owners because unlike corporations, small business...

The most important three skills a business must have are: 1) The ability to manage people, 2) The ability to manage money, and 3) The ability to sell.High performing companies are strong in...

There are a few leading indicators that bankers use to estimate a growing and shrinking economy. Transportation is one of them. When activity at trucking companies and rail roads picks up, it means...

Small businesses are one of the main driving forces behind job creation, consumer spending, new innovations, and overall success of the economy. The government typically tweaks tax laws that impact small businesses in...

It is important to be proactive in resolving the issues.

Joseph T Wells, CPA, CFE discusses ways companies can reduce the risk of internal fraud inside their company. His thesis is that companies need to increase the perception of detection for employees so...

If your business doesn't have a strong collection policy, put one in place.

The programs can provide up to $35,000 to qualified borrowers.

The most widely abused deductions for businesses are expenses related to meals and entertainment. The IRS tries to limit the abuse of these deductions by imposing strict regulations on these types of deductions....

When it comes to complex structures, most bankers get a little nervous.

The Wells Fargo Economic Group today issued a report that consumer debt contracted in May and anticipates that consumers will continue to pay off debt into 2011. While this is good news long-term...

Deductions offer instant cash savings, if you know where to find them.

Despite the Obama Administration and Democratic congress pouring hundreds of billions of dollars into the economy with the ARRA, the job outlook for the next two years looks bleak at best.

Traveling is a pretty common activity many employees and business owners experience in order to grow their business or fulfill their job responsibilities. Different percentages have been calculated over the years, but roughly...