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5 Overlooked Small-Business Tax Deductions

February 5, 2018 by STEVE NICASTRO

Failing to claim all the small-business tax deductions you’re entitled to is like flushing money down the toilet. Deductions are a legal way to reduce the amount of business income that is subject to tax. Keeping good records is key to backing up the deductions, says Barbara Weltman, author of “J.K. Lasser’s Small Business Taxes […]

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Filed Under: Small Business Tagged With: business taxes, small biz, small business, tax deductions, taxes

Tax Law Means New Choices For Small Business

January 29, 2018 by Joyce M. Rosenberg

As Congress debated a new tax law at the end of last year, Jerell and Elissa Klaver began revising their company’s plans for 2018. The Klavers crunched the numbers, estimating how a lower tax rate and bigger deductions on equipment purchases could help increase their sales of bath soaps and other personal care products. They’ve […]

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Filed Under: Tax Tagged With: business, business taxes, small biz, Tax Tips

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