1-10 of 110 hubssort by Hot Best Latest
68Should I Itemize or Take a Standard Deduction?
It's the age old question that rears it's ugly head around April of every year, should I itemize or just take the standard deduction? While it is certainly easier to take the standard deduction, it is worth...
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86Tax Write Offs for Home Businesses
There are several tax advantages for home-based businesses. The largest tax advantage of a home-based business is the home office. A home office or any area in your home that is used frequently for...
1 comment
86What are the Tax Advantages of Forming an S-Corporation & How do I Form an S-Corp?(IRS Form 2553)
In an S-Corporation, only earnings actually paid out to an owner as compensation for services are subject to payroll taxes. Any money left in the business for reinvestment or distributed to the shareholder as...
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77List of Tax Deductions: Self-employment / Business
As a self-employed individual / business owner, you are allowed a laundry list of tax deductions. These are expenses that are necessary and relevant to your business. Every tax season business owners (small...
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85Why Most Small Businesses Fail Within Their First Year (And How To Make Sure Your Business Is Not One of Them!)
There are many reasons why people decide to start up their own small business. Whether they want to make easy and quick money, whether they have long term plans, if they want to start a family business, or...
4 comments
69Vehicle Mileage Business Tax Deduction for 2009, 2010
In most cases, you will be required to do some business travel if you are a business owner. Whether you just do a little traveling or a significant amount it is worth deducting on your tax return. Overlooking...
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81LLC Tax Implications--What You Should Know
If you've taken the step to change the entity of your small business from a sole proprietorship to an LLC, or are reviewing your options, it's a good idea to compare the tax implications of the decision....
3 comments70Home Based Business Tax Deductions for 2009, 2010
Over the past 15 years, home based businesses have emerged and grown faster than any other sector of the business marketplace. Everything from businesses selling products on EBay to providing pet grooming...
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69Does the IRS Consider You Self Employed?
With all the income opportunities on the Internet, more and more people are blogging, setting up websites, and selling stuff on eBay. It's no surprise then that one of the most frequently asked tax questions...
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58In The Event Of An IRS Audit, What To Do?
Many people have absolutely no idea whatsoever when it comes to their rights during an IRS audit. Luckily, even if they don't understand their rights, their rights are still safeguarded and should not be...
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