The winter holidays are in full swing and the new year (and tax season) are just around the corner. As you start your holiday shopping, consider donating some of your unused items, such as coats and toys, to charity. Not only will you be able to help someone in need, but you may also qualify for a deduction on your 2010 tax return. Before you gather everything into a bag and toss it in the nearest Salvation Army drop box, remember that in order to ensure your donation earns you a deduction, … [Read more...]
Archives for November 2010
Finding the Right Accountant for Your Small Business
November 15, 2010 By Leave a Comment
It is essential that your business has an actual accounting system set up, rather than a filing cabinet or box full of receipts. A good accountant can help you set up a budget and keep track of important numbers for your business, including transactions, accounts receivable, daily operations expenses, and employee wages. Keeping track of such data will also be useful if your business is audited by the IRS, a possibility that is higher than ever before … [Read more...]
