On the surface, the Tax Increase Prevention and Reconciliation Act of 2005 passed by Congress and signed by President Bush this year, looked liked a good thing. After all, it extended the life of reduced tax rates on capital gains and dividends and extended the alternative minimum tax(AMT) tax reduction. And for
Homestead.com compiled a list of what they believe to be the hotest home-based business trends in 2007. They are: E-Learning: With advances in new web application tools such as podcasts and video blogs, development costs will decrease. E-Bay Aftermarket: Helping companies conduct market research, pricing strategies, shipping, and competitive analysis is a great niche business. [...]
Protecting personal and business assets are usually a priority for most business owners. Afer all, you don’t pour your heart and soul into building up a business just to open yourself and your business up to potential liability. There are steps that you can take to not only protect your personal and business assets, but [...]
According to a survey by Discover Small Business Watch, a majority of small business owners do not predict any major impact from a minimum wage increase to their business. In large part because they already pay their employees above the proposed minimum wage increase. 70% of small business owners say an increase in the minimum [...]
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Leasing equipment is not only a booming industry, but a common occurence for most business owners. Nearly 80% of U.S. businesses lease equipment which totals more than $280 billion in leased equipment sales annually. Businesses expend 30% of their capital on leasing equipment and for many that means getting a loan to finance the transaction. [...]
If you are thinking about filing for S-Corporation status under the IRS for your corporation, then there’s an affordable option available to you. If you are a new corporation, you must file for S-Corporation status within the first two months after incorporation. Existing corporations can change to S status for the current tax year if [...]