How To Settle Your Small Business Tax Debt
25 February 2015
The last thing you want to hear is that your small business owes a lot of money to the Internal Revenue Service (IRS) in back taxes. It is a reality that hits some people, and if you're one of them, you might panic and think that you're headed to jail. This doesn't have to be the case because, if you know what to do, you can offer them a settlement, or an Offer in Compromise (OIC).
Just Start Your Own Home Business? Here Are Three Tax Deductions To Remember
11 February 2015
Once you decide to open a business from your home, many expenses in your life become tax deductions. Keeping copies of bank statements and receipts is important so that you can take advantage of all the deductions you have coming. If you're just starting out, you might be a little confused about which expenses you can deduct from your profits to lower your tax liability. This guide explains three of the deductions that you might not think about.