FOR PUBLIC ACCOUNTANTS, the primary tax season ramps up in January. Although many of us advise on taxes all year, now is the time when many individual clients and business owners start asking important questions about how to save on the 2010 income tax filing – this...
Accounting & Taxes
Know rules before claiming home office deduction
Whether a person is self-employed or an employee, a home office does not have to be a separate room in the home to qualify.
Do you qualify for r&d credit? How to tell
ABC Manufacturing Co. has spent the last two years improving their internal processes related to customer fulfillment. Although the project was arduous at times,
Angel tax break meant to boost small companies
Minnesota’s newly-created angel tax credit creates a refundable reduction in a taxpayer’s income taxes by 25 percent of a qualifying investment.