Tax Preparation, Insurance, Payroll, Medicare and Business Advisement in Jamestown NY
Don’t forget to save those receipts As a business owner, one of the most important things you should do is keep good records. Without them, the IRS may disallow some of the expenses you incur if it chooses your return for a closer look. Maintaining … [Read more...] about Substantiating Business Expenses
Elements Salon & Spa is located at 1 Fairdale Avenue in Lakewood, NY. It is owned by Amber Dewey and has been in business for six years. The salon and spa has a friendly and highly trained staff that would love to primp and pamper you. They offer … [Read more...] about Elements Salon & Spa
A simple strategy may save you money on taxes A business doesn’t have to own all its operating assets. Leasing your personally owned property, such as a building, vehicle, or equipment, to your incorporated business may be a good tax … [Read more...] about Leasing Assets to Your Corporation
National Time Management Month comes around every February. I am not worried though because I am writing this in November. The stress of not being able to get this article written in time does not exist because I am writing it three months early. I … [Read more...] about Time Management
When do you need one? There are several instances when you will need to apply for a federal employer identification number (EIN). The most common instance is when you are operating a business and you have employees. If you are operating a sole … [Read more...] about Employer Identification Numbers
Know the tax consequences beforehand The tax consequences of selling a business depend on whether you operate as a sole proprietor or a corporation. As a sole proprietor, selling your business means you are selling the individual assets of the … [Read more...] about Selling Your Business
