Noobpreneur Business Blog » business tax

New Tax Reform Spell Trouble for Small Business Retirement Benefits

Noobpreneur Team — Thu, 20 Oct 2011 16:00:04 +0000

Whether or not to offer retirement benefits to employees is a critical decision for small business owners, and one that may become more complicated if a new set of tax reforms passes later this year.The tax incentives currently in place reward business owners for contributing to employee retirement plans, making it easier for small businesses to do right by their employees when it comes to retirement.… Click here to continue »

How to Save More at the Accountants Office

Noobpreneur — Mon, 16 May 2011 15:02:40 +0000

Tax time comes the same time every year but most people habitually wait until the last minute to get their tax information together and then expect the accountant to work miracles with the shoeboxes full of receipts and lost documentation.… Click here to continue »

10 Tax Deductions for Home Based Businesses

Noobpreneur — Sat, 05 Feb 2011 03:02:06 +0000

One of the greatest advantages to working for yourself through a home-based business is the many tax deductions that can be claimed against your federal tax obligations.… Click here to continue »

Tax Planning Tips: Why You Need to Start Now!

Tyler WebCPA — Mon, 06 Sep 2010 02:32:54 +0000

When you cook, do you consult the recipe book after having already prepared the meal? When you have sex, do you wait until you’re done to put the condom on?… Click here to continue »

Be Savvy with Your Business Taxes

Noobpreneur — Tue, 08 Jun 2010 14:00:44 +0000

The tax rules for small businesses are based on your net business profits. This means you can deduct the costs of doing business from your gross income amount and are only taxed on the amount that is left.… Click here to continue »

Small Business Owners: How is Your Tax Knowledge?

Noobpreneur — Sat, 29 May 2010 07:39:11 +0000

Small business owners: Regardless of your educational background, you need to take courses on taxes – or at least, take self study courses.

You might think you don’t need to learn about taxes, arguing, “Oh, I partner with a CPA to settle those things for me…” “Um, I know I should learn about business taxes, but I don’t have time for that – I’ve got my biz taxes covered by my staffs…” and so on.… Click here to continue »

Earn Out Provisions | Are You Using all the Tools Available to Close Business Transactions?

Mitch Biggs — Tue, 04 May 2010 21:57:06 +0000

Advantages and Disadvantages of Earn Out Provisions Mitch Biggs is a Featured Business and Finance Contributor on Associated Content. This is a reprint of a previously published article.… Click here to continue »

Why Raising Taxes Decreases Revenue in the United States

Mitch Biggs — Thu, 15 Apr 2010 00:09:22 +0000

If you know the rules, you can play the game. This concept holds true for the sea of rules imposed by the IRS. A good tax advisor is going to seek out loopholes or effective strategies to keep more money in your pocket.… Click here to continue »

10 Ways to Save Money on Small Business Taxes

Noobpreneur — Mon, 08 Jun 2009 06:42:05 +0000

Ah, business taxes – You hate them but you need them to fund your community to be a better place to live and do business.

With the ever-increasing pressure of taxes on small businesses, owners need to find ways to minimise tax expense, legally.… Click here to continue »