February, 2012

IRS Adjusts 2012 Tax Numbers

Each year the IRS adjusts certain tax numbers for inflation and tax law changes. Here are some of the adjusted numbers you’ll need for your 2012 tax planning. (more…)

Tax Tip Tuesday! New Foreign Investment Filing Is Required

New form alert! If you own foreign investments, you may have an additional federal tax filing requirement this year. (more…)

Are You Prepared For These Common Business Problems?

When the economy is uncertain, you must be extra careful to avoid the types of disasters that could ultimately lead to your company’s demise. Fortunately, some advance planning may prevent or alleviate severe problems. Here are seven common scenarios facing owners and managers of small to mid-sized businesses. (more…)

An Entrepreneur’s Reading List – Book Suggestions To Help You Get To The Top

In a fast changing and challenging business world never underestimate the value of a continuing education. Often our success is based on setting goals, implementing the necessary strategies, achieving those goals and then setting some more. (more…)

Tax Tip Tuesday! Income Tax Rules Affect Your Web Business

Did you start an online business in 2011? If so, you might have income and expenses that affect your federal income tax return. (more…)

What’s New: Update On The Payroll Tax Cut Extension

Last December, the 4.2% social security tax rate that workers pay on wages was extended through February 29, 2012. (more…)

Getting Your Head Into The Clouds

It can be a Catch-22 on whether economic, technological and management trends are good for small business or not. They certainly require an investment in time and money to keep abreast of the never-ending developments. However, to ignore them is to provide your competitors with the opportunity to grow their businesses at your expense. (more…)

NYS Quarterly & Annual Sales Tax Due

Title: NYS Quarterly & Annual Sales Tax Due Description: Annual files required to file Form ST-101 for sales and use tax collect in the previous year and Quarterly filers required to file Form ST-100 for sales and use tax collected in the 1st quarter. Date: 2012-03-20

New Business: Many Small Businesses Fail To Take This Tax Credit

Health care legislation passed in 2010 included a tax credit for small businesses that provided health care coverage for their employees. Recent surveys have shown that the majority of small companies that could qualify for the credit have failed to take it. (more…)