Small Business - Chron.com
Running a small business? Learn how to operate and grow a business with information from accounting and bookkeeping to how to obtain small business financing, get ideas for …
A List of Deductible Business Expenses for Schedule C - Chron.com
A List of Deductible Business Expenses for Schedule C. To keep your small business profitable, take every available business deduction. You will claim these on Schedule C, provided by the …
How Often Can You Take a Business Loss on Your Taxes? - Chron.com
According to the IRS, you report your business income on Schedule C, subtract your expenses and end up with a net profit or loss. You write the result on Schedule 1 and then subtract it …
Pros and cons of accounting software for businesses - Chron.com
Nov 5, 2024 · “Accounting software is almost a necessity in today’s business environment,” Hector Castaneda, a certified public accountant and the principal of Castaneda CPA & …
Top Reasons Businesses Close Down - Small Business - Chron.com
Top Reasons Businesses Close Down. By the fifth year in business, about half of all small businesses fail, according to the U.S. Small Business Administration. Common reasons cited …
5 Resources You Need to Succeed to Start a Business - Chron.com
5 Resources You Need to Succeed to Start a Business. Starting a business can seem like a daunting task. In fact, it is. Of the many businesses that open each year, many fail to last as …
What Determines Small Business vs. Large Business? - Chron.com
The U.S. Small Business Administration operates in accordance with Public Law 85-536, called the "Small Business Act," (SBA) to help protect the interests of small businesses, strengthen …
Safe Harbor Rule for Minimum Tax Payments of Small Businesses - Chron.com
The worksheet includes a couple of lines to estimate if you meet the safe harbor tax rules. Multiply your estimated tax bill by 0.9. Also calculate 100 percent of what you owed last year.
Tasks & Responsibilities of a Small Business Owner - Chron.com
First, a small business owner must be the principal strategist and planner. To understand the new business, as well as the necessary resources and strategies, it makes sense to start with a ...
How to Reduce Taxable Income With a Side Business - Chron.com
Like the IRA, investments grow tax-deferred and contributions are tax deductible. Depending on whether you have incorporated your business, you can contribute to the plan and claim a …