5 Tax Tips for Small Businesses

≡ Category: Ethics, Money & Finance, Small Business | ≅ Leave a Comment

Taxes are painful, but there may be ways for businesses to beat the taxman. Overlooked Deductions You should take every single write-off you are due…what’s available may surprise you. Here’s a classic example: Small companies frequently miscategorize the cost of business-trip hotel stays as entertainment (50% deductible) rather than lodging (100%). The feds are only [...]

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