One of my favorite sayings is “the only constant is change.” This saying certainly holds true in the business realm where it seems that the mandate is also “growth and go.”
Experience seems to show that upon the purchase of a business the new owner needs to roll-up his or her sleeves and really get to work.
With so many possible deductions and credits available to the individual taxpayer it’s no surprise that the possibilities can get easily lost in the shuffle.
This article identifies some of the tax breaks that frequently get overlooked by the individual taxpayer. The points below will help reduce the confusion of what can and cannot be deducted in your 2016 tax returns.
The core problem for every entrepreneur and small business starting out is the same.
They need cash.