Choosing the right business entity is one of the most important decisions a small business owner has to make. While many factors must be taken into account in making this choice, the tax implications of the various business structures are probably the most important consideration. Each business entity is subject to different tax rates, tax […]
Business Accounting
Health Market Delay for Small Businesses
Health Market Delay for Small Businesses – The day before Thanksgiving the United States Department of Health and Human Services announced another delay in the use of government websites to enroll in health insurance plans under the new Patient Protection and Affordable Care Act. According to the announcement, small businesses will not be able to […]
Small Businesses Suffer From Recent Shutdown
Small businesses suffer from recent shutdown. Although government employees suffered the most from the recent government shutdown, many small business owners also suffered a hard hit. Any small business that interfaced with in any way with government agencies or government services probably experience some adverse economic effects. These included loss of revenue and lost opportunities, […]
Business Tax Guide To Obamacare
In 2015, major tax provision changes will take place due to Obamacare. These changes will impact employers, pharmaceutical manufacturers and those in other health related industries. This blog will serve as a business tax guide to the key provisions of Obamacare. Health Insurance Tax Credit for Small Businesses: In 2015, a company with less than […]
3 More Tips for Your First Business Tax Return
You’ve started your own business, and now it’s time to file your first tax return. Even if you hire a business tax preparation specialist, you will need to have your files in order and make some decisions on how you want to file your return. In continuation from last week’s post, here are 3 more […]