Learn About Business Taxes
A number of news reports have recently covered the use of offshore tax shelters by multinational corporations to prevent paying billions of dollars in additional taxes. Tax shelters, often used in tax avoidance schemes, are for more than just big org...
The government allows for many tax breaks for home based small businesses to encourage entrepreneurship and economic growth. It's not just big multinationals and large organizations which can take advantage of tax code to deduct business interest or ...
The IRS now says that S corporations represent the most popular incorporation choice for small businesses. Yet that's perhaps logical. An S corporation delivers big tax savings for businesses and their owners - especially for shareholder-employees. U...
Running a home based business reaps many wonderful tax deductions that other businesses some times may not claim. Unfortunately to many small business owners end up paying the government taxes every year because they are unaware or several small busi...
Take a moment to think back to your first real paycheck. You may recall some shock in seeing that the amount of your check was much less than the amount you earned. Of course, your employer had reduced your pay with a number of deductions for various...
If you're self-employed and running your own business without any employees, you may think you have no need to concern yourself with payroll taxes. However, even if you don't hire anyone else to help you run your business, you're always going to have...
As you know from everyday shopping experiences, you can't always buy something priced at $500 by paying $500. You're likely to pay anywhere from $520 to $550, with added state and local sales taxes. But what exactly is a "sales" tax? And how does bei...
If you're like most small business owners, you pay an accountant or other professional adviser to handle your taxes. Even so, understanding your various tax choices is important for running your business. You'll be able to identify potential tax adv...