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Taxes

2 Posts tagged with the tax_changes tag
File Fail: Avoid These Four Common Small Business Tax Mistakes
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Posted by: SBOC Team, Mar 8, 2012

by Sherron Lumley. If you’re like many small business owners, tackling your company’s federal taxes falls somewhere along the panic-procrastination continuum. You want to do the job right, but dread the possibility of an audit after filing. Three U.S. tax professionals discuss some common mistakes small businesses make at tax time, and how best to avoid them.  File Fail #1 - Miscalculating Mileage, Auto Use and Depreciation Tax expert Paul Bardaro, founding partner of Rucci, Bardaro, &...
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Tax Law Changes for 2009 and 2010
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Posted by: SBOCTeam-KhWmv, Jan 4, 2010

These 15 important modifications could significantly lower your tax burden By Reed Richardson Spurred on by the federal government's economic recovery efforts, there have been numerous changes to the federal tax law for 2009 and 2010. Here's what your small business needs to know now to take advantage of this year's expiring rules and what it needs to keep in mind for next year. 2009 1. Section 179 Expensing: For 2009, one of the most important changes involves the extension, for...
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