small business taxes

Small businesses are required to file both state and federal income tax returns.  What may get a little more confusing, is how the type of tax filing forms required will vary depending on the [...]

Albert Einstein famously coined the phrase that “the hardest thing to understand in the world is the income tax.”  As a business or individual, you should not being paying more in taxes than what [...]

   How to Classify Income & Losses and its Effect on Your Taxes   Classifying your income and losses as capital versus ordinary will undoubtedly affect your taxes.  Although the [...]