Owning a business is both exciting and intimidating; but you have lots of support. Find resources to help you make decisions on starting or growing your enterprise. Browse these tools, then contact your SCORE mentor to get help putting your ideas into action.
While deductions reduce your taxable income, tax credits reduce the tax you owe on a dollar-for-dollar basis.
16 Steps to Starting a Business While Working Full Time — STEP 8: Business Licenses, Taxes and Insurance
In step 8 of the “16 Steps to Starting a Business While Working Full Time” eBook, we will cover business licenses, taxes and insurance.
Deducting business expenses on your taxes is one of the major perks of being a small business owner. But what if your business just started this year?
Do you know what documents you'll need to do your taxes? Did you claim all possible deductions and tax credits? Did you hire employees or independent contractors?
As the holidays arrive, business owners often consider these perennial questions: Should I give a holiday bonus to employees? Is doing so the same thing as giving a year-end bonus? Read more
Do you know about the Protecting Americans from Tax Hikes (PATH) Act? The law includes tax breaks that could help when it comes to purchasing equipment, hiring employees and more.