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Entrepreneurs what can you deduct and when?


Starting a new business is an exciting time. But before you even open the doors, you generally have to spend a lot of money.

Tax smart gifting strategies


3 INCOME-TAX-SMART GIFTING STRATEGIES If your 2015 tax liability is higher than you'd hoped and you're ready to transfer

Make a 2015 contribution to an ira before time runs out


Tax credits reduce tax liability dollar-for-dollar, making them particularly valuable. Two valuable credits are especially for small businesses that offer

Benefits related small businesses tax credits


WHAT'S YOUR CHARITABLE DONATION DEDUCTION? When it comes to deducting charitable gifts, all donations are not created equal.

Education related tax breaks


While the IRS does not offer deductions for Ramen noodles and beer, there are many college related expenses which do qualify for...

5 ways to cut costs and improve cash flow


When business owners start to feel the choking effect of a slow cash flow, they often blame their customers. "Why

Major shift in lease accounting could cause major headaches


Under current U.S. Generally Accepted Accounting Principles (GAAP), companies are required to...

Following the new path


Manufacturers and distributors tend to invest heavily in equipment, technology upgrades and leasehold improvements.

Is it time to get accountable with your employees expenses?


Many companies start out using the "per diem" approach when reimbursing employees for lodging, meals, and incidental expenses. Doing so

Extension means businesses can take bonus depreciation on their 2015 returns


The break had expired December 31, 2014, for most assets. So the PATH Act may give you a tax-saving opportunity for 2015...

Changes to ohio small business deduction and personal income tax rates


Article by 'Lizabeth DiSiena'

Starting with the 2015 tax year, favorable changes have been made to income taxes on

Why investing in small business stock may make more tax sense than ever


The PATH Act makes permanent the exclusion of 100% of the gain on the sale or exchange...

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