by Bill Houston | Nov 7, 2016 | General Tax Info
For small business owners, you should be aware that the IRS has moved up the filing due date for 1099-MISC forms that report non-employee compensation in Box 7. The new due date is January 31st, the same as the date the forms are supposed to be issued to recipients....
by Bill Houston | Nov 6, 2016 | Reduce Your Taxes
Here are a few tax planning tips to help reduce taxable income for 2016. It’s not too late to utilize some of these strategies. You can accelerate deductions and defer income- for example, make an extra mortgage payment before the end of the year or put off...
by Bill Houston | Nov 3, 2016 | Business Deductions, Uncategorized
Owning a business often allows you to move what would otherwise be personal expenses into the business category. But many under use the deductions available to them. The most common one is the home office deduction. This is actually well known but many hesitate to...
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