Finding ways to reduce shipping costs is crucial for all small businesses. There are enough expenses required to run a successful business that you shouldn’t have to worry about paying too much for shipping. You can look at cutting costs in four areas: Finding lower shipping rates, using the...
5 Ways to Prepare Your Small Business for a Disaster or DisruptionBarbara Goldberg
More specifically, small business owners reported spending more than twice as much in their first year than they had anticipated. We needed to know: Where did their forecasts go wrong? Did they overspend in certain areas? And what could they have done to reduce costs? Turns out, there were...
• Running a small business can provide several lucrative opportunities to lower your tax bill. • Compared to filing taxes as a W-2 employee, small business owners can deduct more expenses to keep money in their pockets. • Self-employed people can split some expenses shared for business...
Here are 5 things that your small business can do to be more agile than most huge conglomerates. And here’s a hint up front: you need employee buy-in for every one of them. #1. Broaden the business focus. One colleague frequently tells the story about ridiculous change requests that cli...
Of course, taxes aren’t a piece of cake. But many of the ways to reduce taxable income can be straightforward — that is, if you know where to look for them. Tax software and tax professionals can look out for applicable tax breaks. But a little knowledge goes a long way ...
5 Ways to Prepare for Recession 2023 1. It goes without saying: Cut expenses Start looking at where you can cut back and think about what your best and worst case budget would be. Can you save on products? Can you pre-pay in bulk? Will your landlord provide a temporary discount on CA...
The IRS no longer uses withholding allowances on Form W-4. This change was "meant to increase transparency, simplicity, and accuracy of the form." Tax allowances reduce the amount of money withheld for taxes from a person's pay. The more allowances that a worker claimed, the less amount...
Do you feel you pay too much tax? Would you like to find ways to cut your bills? You are not alone. While taxes remain one of life’s certainties, the drive to pay less of them is another. But tax avoidance is no longer considered socially acceptable. When Theresa May, the prime mi...
January 5, 2021Financial Planning,Taxes Tax time sees too many citizens left vulnerable to identity theft. Don’t be one of them. Follow these 6 steps to help reduce your risk of being a victim of Tax Fraud. Keep reading for 6 Simple Ways to Help Reduce Your Tax Fraud Risk. The scam...