Tax Tips
Tax Tips are not a substitute for legal, accounting, tax, investment or other professional advice. Always consult with your trusted accounting advisor before acting upon any Tax Tip.
MAY 2013 TAX TIPS
May 1, 2013 Tax Tips
The Benefits of Accepting eCheck Payments for Small Businesses.
Small businesses can benefit from accepting eCheck payments in many ways. It's a good idea to explore the potential value it can bring to your business before dismissing the idea or missing out on something that can add value to your business for consumers, while simultaneously helping your business become more efficient and productive.
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Commercial Lease Laws and Process
If you have made the decision to bring your dream of owning your own small business to life, you may now be looking for the ideal space to lease for your business. You've leased apartments or rental homes before so this shouldn't be much different right? Wrong. Commercial lease laws bear little resemblance to their residential counterparts. [
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May 15, 2013 Tax Tips
Here are 5 Reasons Your Business Needs an Exit Strategy
If you are like most entrepreneurs, the last thing you are thinking about is how to exit your business. You are more concerned about growth, expansion and sometimes just making ends meet. Well, the truth is, all successful business people have a clear exit strategy as part of their overall business plan. [
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5 Small Business Legal Problems to Avoid
It's a fact of life, and a fact of business -- mistakes happen all the time. But when business
mistakes turn into legal problems, they can mean the difference between small business success
and failure. Knowing what legal pitfalls to watch out for can make the all important difference. Take note of five common legal problems that are best to avoid. [
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Personal Guarantees: Should You Sign?
Forming a corporation or a limited liability company is one of the smartest things you can do to protect your personal assets. In general, if a company can't pay its bills, its creditors can't force the company's owner to pay its bills -- unless the company's owner has signed a personal guarantee. [
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Hire an Employee or Use an Independent Contractor?
Small business owners often need someone to help them with specific tasks. These tasks may range in scope from designing a brochure to writing product descriptions or answering telephones part-time. What is typically challenging for many small business owners is the additional burden of hiring someone on a full-time basis for part-time tasks. This is when it becomes necessary to make a decision between hiring an employee and using an independent contractor. [
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TAX ADVICE DISCLAIMER: In accordance with IRS Circular 230, any tax advice included in this communication, including attachments, is not intended or written to be used, and cannot be used by you or any other person or entity, for the purpose of avoiding penalties that may be imposed under the Internal Revenue Code or applicable state or local tax law provisions, nor may any such advice be used to promote, market or recommend to another party any transaction or matter addressed within this communication. If you would like such advice, please contact us.