Thursday, February 9, 2012

‘Tax Deduction’ News

Writing Off Vehicles as Tax Deductions

Wednesday, November 18, 2009 11:57

You’ve heard it a hundred times: That shiny new car your buddy just bought? It doesn’t really cost him anything. He writes off the car as a tax deduction. Your first thought is usually, “That can’t be right.” Your second thought is, ‘I got to figure out how to enjoy that ...

The Seven Deadly Tax Sins: Commonly Missed Deductions

Wednesday, November 18, 2009 11:57

It's that time again, the April 15 tax deadline is looming large. If youre like most people, you havent gathered all of your tax records, let alone filled your return. Before you dig in and get started, take this opportunity to first review a list of a few tax deductions to ...

Succes And Business Intelligence Hand In Hand

Wednesday, November 18, 2009 11:57

A business without succes in some degree is not good. Succes comes from either growth in the number of customers or in the numbers of sales you do per customer. Business Intelligence can assist a company to gain new customers and keep hold of old ones. And by keeping old ...

Small Business Tax Deductions for Year End 2004

Wednesday, November 18, 2009 11:57

As a small business owner, it's wise to familiarize yourself with some key deductions that may reduce your tax bill for 2004. Employee Benefit Plans - You may deduct contributions to employee benefit plans (such as health insurance plans and retirement plans). Depending on your circumstances the maximum contribution that you ...

Seven Key Tax Deductions for the Self Employed

Wednesday, November 18, 2009 11:56

As a sole proprietor, it*s wise to familiarize yourself with the some key deductions that may reduce your tax bill for 2004. Small-business consultants generally recommend that you hire an accountant to prepare your tax returns, payroll and financial statements. But you should also meet with your accountant well before ...

Little Known Tax Deductions That Can Save You Big

Wednesday, November 18, 2009 11:56

When you say "end of the year", most small business owners think of two things immediately. The *second* is the holidays. The *first* is taxes! While almost all of us pay taxes quarterly, we still have to file in January. That means November and December are spent getting ready. When ...

Business Tax Deductions

Wednesday, November 18, 2009 11:56

As we enter mid-March, taxpayers begin to become very interested in deductions. Following are a few that you may be entitled to claim. Deductible Expenses Office expenses Rent or lease payments Advertising Costs of goods sold Insurance costs Utilities Payments to independent contractors [file form 1099] Accounting fees Legal fees Communication expense...

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