Barbara Weltman is a top selling author, attorney, tax and small business expert. Barbara's books include "J.K. Lasser's Small Business Taxes" and "The Complete Idiot's Guide to Starting a Home-Based Business."
If business is picking up and you can’t do all the things you need to get done by yourself (or with your existing staff), consider outsourcing some work to a virtual assistant (VA). No, the...
A handshake may be a meaningful way to seal a deal, but a written contract gives you solid legal protection. With that in mind, be sure to protect yourself and your business with the proper...
If you use independent contractors in your business, be sure that you’ve classified them properly and not simply chosen to treat workers as independent contractors (IC) when they are actually employees. Many business owners...
There is much uncertainty about taxes for this year because Congress has not completed action on a number of measures that could impact 2010 taxes, including: Extensions for provisions that expired at the end...
Many business owners use a car, truck, or van in the course of their operations—to make deliveries, pick up supplies, and visit customers and clients. Tax-wise, there are certain rules that apply to write-offs for...
Now that we are in the final quarter of the year, it is a good time to commence year-end tax planning for 2009. The steps you take now will pay off in tax savings when...
It may seem simple to start a home business once you have a good idea about how to make money. Start-up costs can be modest because you don’t need to pay for office space; you already...
If your business is fortunate enough to be profitable after you’ve paid your expenses and taxes, you should be able to squirrel away some cash. In C corporations, the profits you set aside are called...
More than half of all U.S. businesses (53%) are run from home. If you are one of these home business owners, you may wait until tax time to think about filing your return and ways...
As you pinch pennies to help your business operate in tough economic times, anything that you can obtain at a discount or for free is extremely beneficial. Here are some ideas to help you get...
Every penny counts, especially in today’s economic environment, so this tax season be sure you are not forgoing any tax write-off opportunities. As a small business owner, you know you can deduct most expenses you...