Archive for the ‘Business Tax Tips’ Category

Filing Past Due Tax Returns

Sunday, February 21st, 2010

Many business owners, for one reason or another, have not filed tax returns for previous years.  Now they may be afraid to do so, but it’s not as bad as you think.
First let me say that you should file a return every year whether you have the money to pay any tax due or not.  [...]

Business Tax Deduction Checklist

Sunday, January 17th, 2010

The IRS Code is pretty vague as  to what qualifies as a tax dedcution for your business which leads many business owners to search for a tax deduction checklist.  You can find yours here, in My Tax Tutor for Small Business Owners.
The IRS Code merely says that an expense has to be necessary, ordinary and [...]