There’s more than one way to collect deductions. “It’s better to give than to receive,” the old saying goes. Fortunately, charitable giving can also help save on taxes. Here are six ways to maximize your deductions:
One major concern for businesses is maintaining a healthy cash flow. Enterprises that successfully practice good cash management generally survive and prosper. Those that don’t are likely to be undone by the weight of increasing debt and the inability to pay employees and suppliers.
Transfer pricing continues to be one of the most important matters facing multinational companies. The tax situation in any given country can affect whether or not your business sets up facilities or holds intellectual property ownership there. The IRS and numerous tax authorities worldwide are intensifying their focus on...
Whether your company has one vehicle on the road or dozens of vehicles, smart management can save you money. Familiarity with tax laws, simple maintenance steps and high-tech solutions can reduce the costs of operating your fleet and keep it safer.
This year do you feel poised to take your company to the next level? Have you purposefully forecasted and defined your strategies for taking your company out of its current status? Growing your business is an exciting, fast pace and challenging time. Here are 4 steps you can leverage...
Oh where, oh where did my depreciation deduction go?
Segregating duties to prevent fraud and reduce weak controls is not always easy, especially when you have a small accounting department. However, there are some simple internal controls that are often over looked that you can put in place to eliminate some risk.
Now that school is back in session, it’s time to take a look at the various tax benefits you may qualify for to help offset the cost of higher education. Below are the various benefits that you may qualify for. If you are “phased out” don’t be discouraged; there...
Are you looking for ways to lower your income tax bill? Health savings accounts, or HSAs, are a great tool that can help you shelter income from tax and be a part of your financial plan.
Commuting can be a nightmare for employees. Your company can help by offering your staff members some financial relief from their commuting hassles.