by mariettacp | Aug 23, 2013 | Money Tips
Losses can be hard to take – so if you think your S corporation will show a loss for 2013, now’s the time to plan to make sure you’ll get the full tax benefit. The Problem. The amount of the business loss you can deduct on your individual income tax...
by mariettacp | Aug 19, 2013 | Money Tips
A common strategy that businesses carry out to reduce overhead costs is to instruct their tax accountant to classify employees as independent contractors. By doing this, employers free themselves from the tax responsibilities attached to having an employee. However,...
by mariettacp | Aug 16, 2013 | Money Tips
You only have to examine your paycheck to realize that certain income is tax-free. For example, health insurance premiums paid by your employer are generally not includible in your income. Do you know the tax status of other types of income? Here’s a quiz...
by mariettacp | Aug 14, 2013 | Money Tips
Indianapolis, IN (August 14, 2013) – An Indianapolis CPA firm sheds light to some of the most recent issues concerning the IRS and paying taxes. Through their blog, Marietta CPAs tackles relevant topics to help individuals and businesses keep up with the tax...
by mariettacp | Aug 8, 2013 | Money Tips
Planning to start a business partnership with a friend? Prudence demands looking at the pitfalls – as well as the potential strengths – of such relationships. Here are a few questions to consider. * What will my friend contribute to the business? Does he...
