Selling a small to medium-sized business is a complex venture, and many business owners are not aware of the tax consequences. If you’re thinking about selling your business the first step is to consult a competent tax professional. You will need to make sure...
If you’re like most small business owners, you’re always looking for ways to lower your taxable income. Here are five ways to do just that. 1. DEDUCTING THE COST OF A HOME COMPUTER If you purchased a computer and use it for work-related purposes, you can...
After you’ve been in business for a few years you start to see a pattern, you have a busy season where the cash is flowing and an off/slow season when you’re wondering how you’re going to afford to pay yourself or even if you’re going to be...
