Small Business Tips

Filing business tax returns can feel like a major ordeal, especially if you're not great with paperwork or numbers. Don't assume you have to file in the spring. Here are the basics of business taxes, when to file and other things you should know. Read the rest...

When to file

Failure to file on time results in a late payment penalty plus interest. If you owe taxes, you'll be charged an additional 5% monthly, up to a maximum of 25%, so know when to file and ensure you meet the deadline.

This is a unique time in history to run a small business. Many start-ups are able to operate with virtually no overhead, mobile communication and computing, and with plenty of pay-as you-go contract employees to choose from. 

And while, yes, the economy is slow to recover from last year’s meltdown, the stimulus efforts to get consumers to spend their money presents a golden opportunity to buy whatever you need to thrive going forward. It’s time to roll up your sleeves and take advantage of this year’s year-end bargains.

They are better than ever. Here are a few examples of what’s out there and how your business can benefit: Read the rest...

Planning on starting a business soon? One of the first decisions you'll need to make is what type of entity your business is going to be. The most common choices are to form the company as an LLC, S-Corporation, C-Corporation, or as a Sole Proprietor.

Each one has advantages and disadvantages, and depending on the type of business you are starting, you could save yourself a significant amount of money by choosing the right one for your needs. Each entity varies, with some of them excelling at simplicity and flexibility, others with certain tax or legal benefits.  Read the rest...

While computers are great pieces of technology to have, they can be expensive to purchase. By looking in the right places or catching great after-holiday sales, you can find an affordable computer without too much trouble. When your family needs a computer for school or work, and your budget is fixed, it can be hard trying to figure out how to come up with the funding for one. There are ways to get the computer that you need without spending a lot of money. You just have to know where and when to shop, to get the deal(s) that you are looking for.Read the rest...