Tips To Reduce Payroll Stress

Tips To Reduce Payroll Stress

When you hire your first employee, you create an entire new task of complying with employment and labor laws and issuing a payroll. Payroll taxes create more administrative burden for small businesses than any other tax, according to the 2015 Small Business Taxation...

Tips for Taxpayers Starting a New Business

Anyone starting a new business should be aware of his or her federal tax responsibilities. Here are several things you should know if you plan on opening a new business this year. First, you must decide what type of business entity you are going to establish. The type...

Read This Before Tossing Old Tax Records

Now that your taxes have been completed for 2014, you are probably wondering what old tax records can be discarded. If you are like most taxpayers, you have records from years ago that you are afraid to throw away. It would be helpful to understand why the records...
Will the Interest on Your Vehicle Loan be Deductible?

Will the Interest on Your Vehicle Loan be Deductible?

Whether or not the interest you pay on a vehicle loan is deductible for tax purposes depends how the vehicle is being used (for business or personal purposes), the tax form on which the expenses are being deducted, and the type of loan. If the loan were a consumer...