Tax Tips Small Business

Starting Your Own Business?

Here are a few quick tips to help you reduce taxes

Open a separate business checking account. Many small business owners don't realize the complications that can arise from using their personal checking account to pay for business expenses. If business expenses are mixed in with personal expenses, the IRS may disallow them.

Read more...

Small Business Quick Tip

Instead of deducting the actual expenses for the business use of your vehicle, opt for the standard mileage rate. In 2009, you can deduct 55 cents for each business mile you drive.
Tax Preparation Services:
Individual Tax Returns
Tax returns and filing instructions have been prepared for 1000's of individual clients each year.
Read more...
 
Business Tax Returns
A variety of small business tax returns are prepared each year.
Read more...
 
Tax Planning
Long term, annual and mid-year tax planning and tax forecasting services.
Read more...
 


Saturday, 04 September 2010
EASEAL_L

What is an Enrolled Agent and why should I care?

Click Here to find out

 

find-us-on-facebook

 

Tax Tips Personal

Are You Putting Investments in Your Child's Name?
New rules tighten your options

Beginning with the 2006 tax year, children, under the age of 18 who have unearned income in excess of $1,700,are taxed at their parent'shigher rate. Previously,
Read more...

Personal Quick Tip

 

Beginning January 1, 2010, the standard mileage rates for the use of a car (including vans, pickups, or panel trucks) are:
  • 50 cents per mile for business miles driven;
  • 16.5 cents per mile for all miles driven for medical or moving purposes; and
  • 14 cents per mile for all miles drive for charitable purposes.