There are three main areas we need to keep in mind as the year ends:
1. Taxes
2. Corporate formalities
3. Planning for next year
Revisit the idea of converting your 10 largest expenses.
This is an ongoing process that should be done at … Read the rest –>
Filed under Tax Refunds by on Oct 2nd, 2009.
Practically every small business has receivables that it cannot obtain from clients. If your small business doesn’t have any such receivables, consider yourself lucky. For those small businesses that suffer from uncollected receivables, solace can be taken from the fact you can claim a … Read the rest –>
Filed under Tax Refunds by on Oct 1st, 2009.
Save Energy And Money On Taxes At The Same Time
In an effort to help promote alternative energy and energy conservation, the federal government is offering some tax credits to people who buy certain products like insulated windows, energy-efficient heat pumps and hybrid cars.… Read the rest –>
Filed under Tax Refunds by on Sep 28th, 2009.
Own residential rental properties? This article discusses how income from those properties impacts your taxes.
What Constitutes Revenue?
Generally, rental income is defined as any revenue you receive from the occupancy or use of residential property. Rent, obviously, is included in that revenue. Many … Read the rest –>
Filed under Tax Refunds by on Sep 27th, 2009.
Reduce your tax payments by claiming an interest payment deduction.
If you are busy paying off your student loans, the last thing you want to do is to pay interest on the money that you’re about to give right back to the government. Luckily, … Read the rest –>
Filed under Tax Refunds by on Sep 26th, 2009.