It is a well-known fact that 80% of small businesses fail each year in the United States. This isn't a very enviable record. One key reason is that many people decide they want to have their own busi ...
You've got a great idea for a small business and want to get started. Before you do, take the time to ask yourself some questions. Think through the answers and then start putting together a busines ...
If you are the owner of a small business, you can set up a retirement plan for your employees and for yourself. By doing so, your business can make contributions to set aside money for your own retir ...
A guide to writing a business plan, which can be a major factor in securing loans and investments for businesses. The guide covers what should be included in the plan, as well as what information shou ...
Working from home is a dream for many people but they’re not quite sure how to take the steps to make that dream a reality. This article will get you on your way to having your own home business in ...
For many people, working from home is a dream come true. But there are some pitfalls in combining work with home. Here are ten tips to make the transition easier. ...
One of the keys to the success of your small business will be not only having sufficient capital and financing, but also properly managing your finances. Some of the principal aspects involved in mana ...
Your W-2 Form is an important document that summarizes the annual compensation you received as an employee and the income taxes that were withheld from your pay. The W-2 also provides information on ...
When you pack a bag for a short trip of 3 days to a week long, it’s important that you don’t bring too much or too little. The following will give you an idea of what is important to have with you ...
Once you have finished preparing and filing your income tax return, what do you do with your supporting documentation? Which records do you need to keep, how should you file them, and how long do you ...
Among the many decisions you have to make when you start up a small business, one of them is the legal structure under which you want to operate. Each type of structure has its relative advantages, a ...
If you are self-employed you may be able to find some tax relief to help you maintain your health insurance coverage. For U.S. federal income tax purposes, you can deduct up to 100% of the amount you ...
Things may very well get a lot more exciting if accounts payable are out of control in your business. Understanding some basic internal control concepts and applying them in your business can keep th ...
Commuting expenses from home to work and back are generally not tax deductible expenses. But you may be able to take a deduction for transportation expenses if you have more than one work location, s ...
There are various job-related expenses that can be taken as itemized deductions on Schedule A of your U.S. federal income tax return. While most of these deductions can only be taken to the extent th ...