Anyone interested in IRS publication 17 and small businesses will be interested in the Intuit study that demonstrates how the cloud will change small businesses. Many more businesses are moving to cloud computing in some way, for efficiency and success in the long term. Cloud technology offers numerous opportunities for small and large businesses alike.
Specialized services present one opportunity for small businesses, particularly in their seamless integration into back-office functions. Cloud services represent an efficient, tailored solution for small businesses, allowing them to concentrate their efforts on their specialties. They need not spend time and resources on tasks that … Read more at 2009 Tax.
Thanks to a new tax amnesty program, Kettering Ohio has brought in more than $163,000 in the first five weeks since the program was kicked off. This program has allowed eighty-nine people to pay their income taxes and interest without having to pay tax penalties that would normally apply. This program will continue running until December 14.
By using this program, the tax payers did not have to pay $53,000 in penalties. These penalties have been waived by the city. This program was started before a mandatory tax filing of 2012 returns, which must be filed by April 15, … Read more at 2009 Tax.
An investment strategy can be defined as a stratagem or approach that will help an investor select an investment opportunity (read stock) that has a good return on investment, or one that has proven to be a good investment opportunity. While most of the investment strategies for beginners will focus on tried and tested methods that have worked for others, by the end of the day, it always boils down to what the beginner investor can be able to work with to diversify their investment portfolio.
It is therefore correct to say that the many different investment strategies would … Read more at 2009 Tax.
The thought of doing your own bookkeeping is pretty daunting right? That’s the general consensus. Having your own business involves enough work as it is. Why not just leave the accounting bit to the professionals. Fair enough. If you never want to deal with tax offices and worry about learning financials so be it. But you would be surprised how easy it can be.
These days there are superb accounting package and courses. You can sort out your tax online. Even the small things like recording invoice amounts into an excel sheet can save you precious time and money with … Read more at 2009 Tax.
Lately, the UK pensions system has come under scrutiny because of the way that investors’ savings are locked away until they reach retirement. This year, for the first time since Individual Savings Accounts (ISAs) were started, they attracted more investors and more money than pension savings vehicles. Experts believe that this is because they offer a simple way to save that doesn’t ‘lock away’ savings until the age of 65.
However, through a process called pension release, there is a way for pension savers to unlock some of their hard-earned money before they retire. Anyone considering pension release must … Read more at 2009 Tax.
Tax time is a very stressful time for a great majority of people. Small business owners can be especially nervous. “What form do I use? Is this the right attachment? What is a business expense, and what isn’t? What type of expense is this one? Can I prove if necessary? Is this fully deductible as a legitimate business expense, or can I claim only a portion of it?” Boil all those common questions down to the core issue that will prove or disprove legitimacy and type, and the battle is almost won. The most common mistakes small business owners make, … Read more at 2009 Tax.keep looking »