It is important to know exactly what tax deductions and credits do. Both are beneficial but they are helpful in different ways!

There are two methods of accounting: cash basis and accrual basis. Both are acceptable but each has their own pros and cons. It's...

Are you unsure how to classify the individuals who provide services to your company? Here are a few tips that indicate their status. If...

Many fail to realize, but taxes are largest expense for most successful small businesses. Why is this? Well, your tax liability depends...