Provide W-2s. January 31 is the deadline for furnishing employees with their Form W-2, Wage and Tax Statement, which reports their compensation, tax withholding and certain employee benefits for ...

A tax write-off or deduction are used by small businesses and large corporations alike. Deductions lower the the amount of income that is taxable.

Learn how to write off business clothing on your taxes! This legal guide will help you stay compliant and save money as a ...

Tax write-offs for small-business owners can be confusing. Four founders shared which expenses they wrote off for their businesses. Technology, rent, and travel are among the most important, ...

How to Close a Small Business and Write-Off Inventory. A sole proprietor can to close the doors of his business if it no longer seems viable or if a better opportunity comes along.

Starting and running a small business is expensive. There are many different costs that go into operating a business, but many can be tax write-offs. For an expense to be deductible, the cost must ...

The Tax Write-Offs for Small Business Product Samples. Many types of businesses use product samples to allow potential and prospective customers to experience their products in hopes of enticing ...

When tax season rolls around, neglected accounting tasks can haunt small business owners. It’s a pain to categorize income and expense transactions from memory or track discrepancies among ...

Tax write-offs, or tax deductions, are a boon for many small businesses and independent contractors.. While you typically need cash upfront to buy equipment and pay staff, among other things, the ...

Based on a new WSFS Bank Small Business Trends study’s findings, small businesses are considering this powerful tax write-off, as 45% of those surveyed are considering a loan to finance equipment.