The Advantages of Using an LLC for Your Small Business
You can operate your small business in several ways. Here are the advantages of operating as a limited liability company (LLC).
Bartering Is a Taxable Transaction Even if No Cash Is Exchanged
Exchange your business's goods or services without cash through barter. But be aware of tax implications that may occur. Learn more.
Kiddie Tax – What a Parent Needs to Know
The Kiddie Tax affects children's unearned income, taxing portions at their parents' rate. Learn strategies to minimize tax impact. Read more.
Taking Your Spouse on a Business Trip? Can You Write off the Costs?
The rules for deducting a spouse’s travel costs are very restrictive for small business owners. Here’s a rundown of what businesses can and can’t write off for tax purposes.
What Income Is Taxable?
This article explores some of the commonly encountered situations that could have unexpected results when answering the question; "What income is Taxable?".
Better Tax Break When Applying the Research Credit Against Payroll Taxes
Learn about how you may be eligible for a payroll tax credit election with little to no income tax liability.
Ways to Deduct Health Insurance
Health insurance premiums have risen dramatically and are one of the largest expenses that most individuals pay. Learn what is treated as deductible health insurance.