Prepare Your Small Business for Obama’s Tax HikesPresident Obama wants to end the Bush-era tax cuts for families making more than $250,000 a year. But small business advocates see it as a direct attack. It’s a debate that’s likely to heat up in the months ahead, especially with the 2012 election campaigns gearing up soon.
In the meantime, what can small business owners do to maximize their after-tax income? Strategic tax planning could benefit small business owners next year, when new ... Read more
Death, Taxes and the Small Business Owner
The 2010 tax deadline is just a week away. That could mean some long nights ahead if you still haven’t finished getting your receipts together. Or, it could mean preparing for a heavy tax bill if you didn’t plan correctly.
But whether you waited to the last minute or have been prepared for April 18, 2011 since Dec. 31, 2010, it’s likely that you felt the impact of federal tax issues in some way, shape or form. That’s because tax codes ar...