Start-Up Small Business – Part 7 – (What if I fail?)
If your attempt to go into business is unsuccessful. If you are an individual and your attempt to go into business is not successful, the...
Start-Up Small Business – Part 4 – Personal Versus Business Expenses
Generally, you cannot deduct personal, living, or family expenses. However, if you have an expense for something that is used partly for...
Start-Up Small Business – Part 3 – What Can I Expense?
According to the IRS, expenses available for deduction include: A business expense must be both ordinary and necessary. An ordinary...
Start-Up Small Business – Part 2 – (Getting Started)
Many new people entering the world of business miss opportunities they can deduct when starting to grow their dream. I am referring to...
Time: The Biggest Issue for Small Business
The estate tax is colloquially called the “death” tax. It is a tax imposed on estates containing $5.49 million and up for single people...
