On December 9, 2011, the Internal Revenue Service (IRS) issued the 2012 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, [...]
As the end of the year draws near, small business owners need to review their tax-planning strategies. It is important to understand what tax planning strategies you can still take advantage of, [...]
Small businesses can avoid trouble with the IRS by keeping the right employee records and tax documents. If your small business has employees — or if you use independent contractors — [...]
