Tax and Accounting Articles

The following articles are provided as a courtesy to the web community at large and clients. As laws and regulations change on occasion it is always best to follow up any information provided here with a professional before taking any action. The articles outlined below are subject to your understanding of the Terms of Service for using this web site.

2009 HSA Limits Announced
The IRS has released the 2009 HSA limits. Here are the new levels:
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Business Trips vs. Vacations
Make sure your business trip is not actually a non-deductible family vacation or pleasure cruise. Read the article to learn more.
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Arizona Targeted Tax credits
Arizona taxpayers can direct their income tax dollars so that they get a credit for Arizona income taxes, and a Federal charitable tax deduction too. This article discusses how these tax credit programs work.
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Self Employment in Community Property States
The rules for reporting trade or business income derived from community property income can be confusing, this article discusses self employment in community property states.
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Do You Need to Incorporate Your Business?
If you have started your own business, it is likely that you have received bits of advice here and there about incorporating your business, and you may be confused about the array of choices. This article provides a short questionnaire that may help with your descision.
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Do You Need a Business Plan?
A business plan is an important step in the creation of any new business, this article talks more about developing your business plan and answers some common questions surrounding a successful business plan.
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What are the different ways to Manage Payroll?
When it comes to hiring employees, there are several responsibilities to consider. This article discusses what you need to do concerning setting up a payroll and your responsibilities in doing so.
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Legitimization Checklist for New Businesses
When starting your new business there are a umber of steps you need to take to make sure that you are on the level. This articles provides a checklist to assist in getting your business off the ground and keeping yourself out of trouble.
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How to Improve Small Business Cash Flow
Keeping a running cash flow is critical to the successful operation of any business new or old. This article talks about ways in which you can optimize your cash flow in your business.
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What is the best form of business for my company?
This article discusses the different legal ways to structure your business.
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Forgiven debt may be free from income tax
Discharged debt is generally considered ordinary income to the borrower for income tax purposes. The new law allows taxpayers to exclude this amount and thus escape the tax liability.
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Insurance For Home Based Businesses
If you have a home based business, chances are that you have a business liability policy but are you covered in the remote event that a client or customer injures him/herself on your premises? This article discusses Insurance concerning your home based business.
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Tips For Business Owners
This articles discusses how a tax advisor may be able to help you keep on track with your business goals.
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