Tags » C-corp

Deduct home office expenses-if you're eligible

Today it’s becoming more common to work from home. But just because you have a home office space doesn’t mean you can deduct expenses associated with it. 266 more words

Why investing in small-business stock may make more tax sense than ever

By purchasing stock in certain small businesses, you can not only diversify your portfolio but also enjoy preferential tax treatment. And under a provision of the tax extenders act signed into law this past December (the PATH Act), such stock is now even more attractive from a tax perspective. 161 more words

Entity Selection

It’s a new year with a new set of resolutions. Which will you conquer first? One of the first things to cross off your list when starting a new business is selecting your entity type. 302 more words

Entrepreneurs & Startups

Going Legit: Setting Up An Entity For Your Freelance Business

(For a quick list of common entities and some Pros and Cons, check out this post.)

In the four months since I started as a freelancer, I have built a stable roster of good clients and have grown my little writing practice to the point that I don’t really have to worry whether I’ll make enough money to pay rent each month. 1,352 more words

Freelancer

Benny's Basics: Common Entities for Freelancers

A short guide to common entities for freelancers and independent contractors. For the more in-depth version, head over here.

Certificate of Assumed Name/Doing Business As Certificate… 330 more words

Freelancer

C or S Corporation: Consider tax changes in reviewing your options

Changes to the federal income tax code can prompt you to review the legal structure of your business. Last year’s increase in the top tax rate for individuals is one such change, since corporate rates remain the same. 394 more words

Small Business

Tax Shelter – Section 1031, known as Like-Kind Exchange

Businesses involved in real-estate can take advantage of this tax shelter. Like-kind exchange is a tax planning tool and can save you money if used at right time. 434 more words

Business Taxes