Just in case you missed it, on January 1st we were supposed to write down our odometer reading on the automobile(s) we use for business purposes. This DOES include both owned and leased autos. The IRS requires that we record the end and beginning-of-the-year odometer readings on any and all cars, trucks, vans, etc. that [...]

Thank goodness a massive tax bill has been passed by Congress. It’s called the “Tax Relief, Unemployment Insurance Reauthorization and Job Creation Act of 2010″ (HR 4853). Several parts of the Act are things that have been extended through 2010. These include: * All the current Personal Income Tax Brackets * The current Capital Gains [...]

We all know that the period between Thanksgiving and New Year’s Day is the time of highest stress in the United States, if not for those in many other countries. Learning a few de-stressing tips and tricks is exactly what many of us need! 1) Listen to your favorite kind of music. Many listen almost [...]

Here’s an easy way to help show your support to our troops; they need it at this time of year more than ever:

As usual with the government, the answer is maybe! Part of the Obamacare health bill is an item that doesn’t have a single thing to do with healthcare, but certainly has a whole lot to do with anyone who runs a small business. Congress believes a lot of businesses aren’t reporting all their income, which [...]

Although finding a small business grant isn’t always easy, they are out there for businesses with certain needs (see this article for more information on who qualifies for a small business grant). Two of the best websites to find grant information on are www.foundations.org and www.fdncenter.org. Both of these sites include a list directory of [...]

Questions often come up about small business grants and what kinds of businesses are eligible for them. Can you get one to start a business? Well, maybe! There are many companies and individuals who set up foundations that provide grants for specified purposes. Many of these foundations offer grants to individuals when the purpose is [...]

I don’t know about you, but I believe 2 of the most powerful words in the English language are “Thank You”. It’s so incredibly simple to say so why don’t more people say it? I’ve been going to the same hairstylist for several years now and about 2 months ago I went and got a [...]

As we take the time to have our 4th of July parades, picnics, fireworks and time with family, remember what this day celebrates — our freedom. Although I love to travel to other countries, the United States of America is the only place in this world where I want to live! We ARE free — [...]

There have been many changes in the tax deductions and rules for several items, a bit of clarification given on some, and, of course, more confusion on others! I’ve given you a brief summary of a few of these changes below. The Cell Phone Deduction If you use a cell phone primarily for business but [...]