Still Confused About Section 179?
What is the difference between Section 179 Expense vs. Special Depreciation Allowance? According to the article from BankRate.com, the key difference is that Section 179 [...]
How Much Can I Depreciate?
Confused about depreciation? What is Section 179 Expense? Source: BankRate.com Typically, if property for business has a useful life of more than one year, the [...]
What is EITC? Earned Income Tax Credit
From IRS.gov The Earned Income Tax Credit is a financial boost for workers earning $49,078 or less in 2011. Four of five eligible taxpayers filed [...]
How to Understand a Cash Flow Statement
A cash flow statement shows how much money is coming in and going out of a business. Measure the success of a business using the [...]
Double Entry Accounting
What is a Debit and a Credit? What is double entry accounting? Confused with these accounting terms? Watch the video on Ehow.com to find out [...]
The Accounting Cycle
What is a Profit Loss Statement & Balance Sheet? Profit Loss Statements & Balance Sheets are financial statements that tell you the small business owner [...]
Record Keeping for a Small Business
Got receipts overflowing your pockets or stashed away in a box? How important is it for a small business owner to keep good records? Your [...]
How to deduct car expenses
What can and can not be claimed as deductions on a tax return in relation to vehicle expenses? Continued... How to Use Car Lease [...]
What do you do when the headlines read Mass Layoffs?
How secure is your job? What if you were corralled into a large room, handed a box and told to collect your belongs and leave [...]
How to Open a Small Busines
Have you lost your job? Are you tired of being unemployed? Have you ever wanted to ever open your own small business? In this video [...]