Business Ttools

Business Ttools

Business Owner Articles Benefits and retirement plans Benefit plans for small businesses Disability income insurance for the self-employed Group health insurance: a valued employee benefit Group term life insurance Health…

Why Incorporate Your Business and How to Do It

Starting a small business is not just about having enough capital, choosing your business location or hiring people. As a business owner in the making, you need to decide how…

Why You Ought to Think Twice About Ignoring Your Jury Summons

Each of us has precisely 24 hours per day, regardless of our circumstances in life. We have equal time to do the things we need to do daily, like eat,…

Visiting Your Dream Destination While Winning the Audit: Here’s How You Do It

Taking a trip to the destination of your dreams sounds fun, but nothing is more fun that taking a trip while winning the resulting audit at the same time. Yes,…

How Important is Recordkeeping in Claiming Your Deductible Business Expenses?

What sets a stress-free business owner apart from a stressed-out one during tax time? Records. Some may think that records are nothing more than pieces of papers, but when it…

Dining, Drinking, Merrymaking—Know When Your Entertainment Expenses are Deductible

Dining, Drinking, Merrymaking—Know When Your Entertainment Expenses are Deductible

Business isn’t always about the dull stuff. In fact entertainment is a part and parcel of most businesses, and the good news is that most entertainment expenses are actually deductible….

A Business Owner’s Guide in Deducting Business Travel Expenses

You’ve worked hard all year long that you can’t find time for some vacation. You’re worried that your business will suffer when you go away for several days. Or you…

Thinking About Becoming An Enrolled Agent ?

 Do you want to be called a tax expert? Is it your goal to represent taxpayers before the IRS? Do you desire to be respected as a professional?  If so,…

Ten Recordkeeping Rules and Five Bonus Tips in Claiming Travel Expense

Good recordkeeping may not be in the list of business secrets of successful entrepreneurs. But for the company’s accountant or bookkeeper, it is very important.  It can significantly reduce the…

Filing Your Indian Tax Return When You Are Residing in the U.S.

It has often been a question for many Indian citizens living in the U.S. whether they should file their Indian Income Tax Return or not. Actually, taxability in India is…