If you own a small business, then you can write off certain business expenses. However, not every expense qualifies as an eligible deduction. Before you try to write off an expense, you should make sure that it is valid. This can help you prevent future issues. Uses As a business owner, you can use taxcontinue reading…
What is the IRS dispute resolution process for businesses?
If you want to dispute your tax bill as a small or medium-sized business, start with the IRS Independent Office of Appeals. This agency strives to make an impartial decision about your tax issues. Review the process of filing an appeal for business taxes with the IRS. When to request an appeal If you receive a lettercontinue reading…
Minnesota state tax laws to comply with
Taxes are an integral aspect of most organized societies. They pay for public services performed by the government, including the construction and maintenance of roads and bridges, education, defense, social programs and others. The U.S. regulates these tariffs on federal, state and local levels. Minnesotans need to comply with multiple state statutes regarding taxes. Salescontinue reading…
A tax attorney can help support your small business
Part of the appeal of owning a small business is that you get to act as your own boss. However, just because you are in charge doesn’t mean you won’t need the occasional support from other professionals. Issues involving tax law and small businesses can be complicated. Working with an attorney who has experience incontinue reading…
Taxes You Might Not Expect As A Small Business Owner
You probably know that starting a small business is a lot of work. It’s satisfying to watch one of your ideas come to fruition and make a profit, but there are countless factors to consider before this happens. Understanding your tax responsibilities is one of these considerations and the world of tax laws can becontinue reading…
