Displaying items by tag: Taxes

Thursday, 27 March 2014 08:00

5 Tax Mistakes that Startups Make

Get through tax time without a migraine or massive fines by avoiding these rookie tax blunders....

Published in Headlines

“Dissolving a business can often be the start of a new business or a business transition. When a business is no longer active, it’s important to dissolve the business” says Deborah Sweeney, CEO of MyCorporation.com.She adds, “by leaving an inactive business open without properly dissolving it first, the owners of said...

Published in Headlines
Tagged under

Here are three important tips for how entrepreneurs can avoid getting into trouble with the IRS....

Published in Headlines

The Internal Revenue Service came under political fire for one of its units’ extra scrutinizing of conservative groups seeking tax-exempt status. Now the IRS is facing criticism from some lawmakers for targeting thousands of small business owners and inquiring if they underreported income.Under the heading “Notification of Possible Income U...

Published in Headlines
Tagged under
Friday, 29 March 2013 08:00

Court Approves Sales Tax on Online Sellers

The highest court in New York ruled today that the state can collect sales tax from out-of-state retailers such as Amazon.com, rejecting online retailers’ claims that the Constitution protects them.The taxes would apply when online retailers generate at least $10,000 in yearly sales to New Yorkers via commissions through “Associates...

Published in Headlines
Tagged under
Monday, 25 February 2013 08:00

2 Start-up Tax Credits You Should Use

As part of the American Taxpayer Relief Act, two tax credits popular among start-ups were retroactively extended through 2013. Don't miss out.While you're probably still smarting from the increased individual tax rates you'll soon be paying as a result of the American Taxpayer Relief Act, there was a small win for entrepreneurs when the most...

Published in Headlines
Tagged under

Your accountant will love you if you follow these record-keeping basics. And auditors will have less cause for concern....

Published in Headlines
Tagged under
Tuesday, 19 February 2013 08:00

How the IRS Classifies Independent Contractors

The Internal Revenue Service scrutinizes the use of contractors carefully, so don't let worker-classification rules trip you up or you could wind up extra taxes, penalties and interest. Here's how to avoid tax problems with 1099 workers....

Published in Headlines
Tagged under
Tuesday, 05 February 2013 08:00

IRS Makes Home Office Tax Deductions Easier

Save some time with the IRS' new method for calculating home office tax deductions.Tax season is fast approaching, and those of you with home offices know how hard it is to calculate your residence-based business deductions under current §280 tax laws.But there’s good news: After acknowledging how “complex and burdensome”...

Published in Headlines
Tagged under
Tuesday, 18 December 2012 08:00

Beats By Dre Moves to Ireland to Beat the Taxman

Music producer Dr. Dre has gone from rapper, to the highest paid musician and in the process became a shrewd businessman.His company, Beats Electronics, has followed the example of other celebrities such as U2 and set up shop in the tax haven of West Cork, Ireland. The move is sure to save the already rich rapper plenty of money.Dr. Dre was named...

Published in Headlines
Tagged under
Page 1 of 2

Become a Freelancer

Get Hired for Projects

Join to Create a
Free Profile

Project Notifications

Recent News

  • 1
© 2025 Minority Biz. All Rights Reserved.