Archive | Business

Five Reasons to Incorporate Your Business

Most new businesses start with no thought about legal structure, but there are important reasons to incorporate your business. In the eyes of the IRS, the default structure is a “sole proprietor,” in which your business profits are taxed on your personal tax return. This can serve you well to start, but there are several […]

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W -2 Request Scam – Avoid this Phishing Scam

This past month at least 55 companies reported they had fallen victim to a new type of specialized phishing scheme. It involves a criminal masquerading as a real employee, often a key executive, and then duping unwitting employees to provide payment or secure files. The scam takes many forms. Here are a couple of the […]

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When Business Travel Insurance Makes Sense

There are many things that come in pairs because they make sense – peanut butter and jelly, salt and pepper, shoes – the list goes on and on. Travel insurance for business travel is no different. There are inevitable changes to business travel or circumstances that arise while away from home. One way to protect […]

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Depreciation Made Easy for 2017

If your eyes glaze over when you read the word “depreciation” you are not alone. While depreciation is simply deducting the cost of business equipment over time, special tax provisions allow flexibility in how much can be expensed in a given year. The first solution is the Section 179 deduction. You are able to write […]

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