Today, many people have a sideline business to make extra money, to test a business concept, or to just enjoy a different type of work. The gig economy, where self-employed individuals find freelance and other business opportunities through such online platforms as Uber, TaskRabbit and Upwork, is proving to be a good avenue for sideline […]
Running a Sideline Business? 5 Tax Issues You MUST Consider Read More »
The U.S. House Small Business Committee is set to meet next week to discuss President Trump’s call for a major tax overhaul. Fair and Simple Tax Reform Hearing The committee will hold its next hearing on Oct. 4 on the topic that most small business owners have identified as their top legislative priority. The committee’s
House Small Business Committee Prepares for Fair and Simple Tax Plan Hearing Read More »
At the core of every small business is a grit-filled risk-taker who isn’t afraid to test new ideas and work hard at making their dreams become a reality. If you dig a little deeper, you’ll discover that these entrepreneurs are also incredibly optimistic, despite the many roadblocks they face along the way. The 2017 American
How California Entrepreneurs Stand to Benefit From Federal Tax Reform Read More »
New York City Council is considering making cuts to the city’s commercial rent tax. The tax consists of a 3.9 percent surcharge on annual rents of more than $250,000 for stores and select businesses located south of 96th Street in Manhattan. New York Commercial Rent Tax Originally enacted in the 1960s, the tax covered businesses
A set of proposed tax code changes in Canada could potentially have a negative impact on small businesses north of the border. And even though U.S. businesses might not see any immediate impact due to these changes, the impact on partners, clients and others in Canada could eventually make a difference to U.S. businesses as
New Canadian Tax Legislation Could Be Hugely Damaging to Small Businesses Read More »
The Business Journals How digital marketers can use the R&D tax creditThe Business JournalsThe world is going digital — and there is no place where this is more evident than in the world of media and advertising. Effective user experience design and high search engine optimization rankings are just as important as the message itself,
How digital marketers can use the R&D tax credit – The Business Journals Read More »
American voters are in favor of tax reforms to support farmers ranch families and other agricultural small businesses, a new survey has found. American Farmers Need Tax Relief According to the study, seven out of 10 voters agreed passing tax reform legislation should be a priority for Congress. “Americans are ready for tax reform, and
Children can be difficult, but they all become worth the trouble at tax season. From tax deductions to credits, there are many tax codes designed to lighten the burden for parents. If you own a business, there is another way to save big using your children: by paying them and then writing off the expenses.
Is Your Child Ready for a Paycheck? Hire Your Kids and Get a Tax Break Read More »
Usefulness Functionality Price Lilac is a free yet highly effective tool that helps freelancers save money by ensuring they get the maximum tax write-off possible. If you have been looking for a free tool that can help you keep track of your finances, then you will
As if taxes weren’t enough, the IRS can add interest and penalties for certain action you may take or fail to take. There are over 150 civil penalties in the Internal Revenue Code. Tax penalties can be costly and they’re not tax deductible. Here is a roundup of some tax penalties that can impact small
