Profits, depreciation, travel costs, healthcare, startup costs, training expenses, charitable donations – all these and more represent little numbers on a page that can save you money if you have your books in order when the “Revenue Man” comes a calling in the next couple of months. Rules and paperwork vary significantly from one country to the next, however most do employ many of the same basics.
For those of you with businesses based in the good ‘ol “US-of-A”…
It’s crunch time!
If you don’t have your tax paperwork in order, then you’ll be in for a real slap in the face when business resumes full-swing in the New Year, and your accountant starts hassling you for the receipts from that big move you made to a new location this year, so they can deduct it from your individual 1040 return.…
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Even as we’re starting to see the early stages of an economic recovery, businesses and individuals continue to trudge through the ugly legal fallout of deals-gone-bad. Countless lawsuits have resulted from soured joint ventures, alleged breaches of contract, and plain old disputes over who owed what to whom. These lawsuits can be costly, time-consuming, and counterproductive. Worst of all, they can distract you from what’s truly important: tending to your business’s current needs and helping it survive-and thrive-for the future.
