Vehicle registration procedures vary from state to state, but in general, the requirements are based on the weight of the vehicle, and you’ll need to show your driver’s license, the car’s title and proof of auto insurance. So do your homework and know the laws of the place you do ...
Withinsurance for commercial vehicles, a person might assume they don’t need this coverage, as they only work part time or they function as an independent contractor. However, anyone who uses their vehicle for work requires this coverage. A commercial policy differs from a personal policy, alth...
Online services for vehicle and driver management (such as traffic violation query, third-party fine payment, license point balance query, vehicle annual inspection agency service) Official authorization from the government traffic management department ICP filing, or Value-added Telecom Business License ...
6. Insurance Expense When you’re running a company, it could be necessary to buyseveral types of business insurance. These could include: Property insurance General liability insurance Business vehicle insurance Workers’ compensation insurance Professional liability insurance As a general rule, you’re...
Commercial auto insurance protects your business if you or one of your employees is in a car accident while driving a company vehicle on the job. Workers’ compensation. If you have employees, workers’ compensation insurance is almost always required by law, though details and regulations differ...
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If you use vehicles in your small business, how and when you deduct for the business use of those vehicles can have significant tax implications. It pays to learn the nuances of mileage deductions, buying versus leasing and depreciation of vehicles. Spec
Commercial auto insurance: Commercial auto insurance covers your business if an employee gets into an accident while driving a work vehicle, like a food truck, a construction vehicle, or a delivery van. Commercial property insurance: Commercial property insurance—also called hazard insurance or busine...
Safety is paramount, regardless of your job or industry. Having a vehicle with built-in awareness can help you stay at ease while on your longer highway commutes, more tedious city drives, and deliveries. Learn More Customization Running your business efficiently is your priority. Securing the ...
Employee benefits programs Equipment rentals Insurance costs Interest paid Office expenses and supplies Maintenance and repair costs Office lease costs Utility expenses3 How Expenses Are Recorded The income statement is the primary financial statement used by businesses to record their expenses and determine...