) The IRS defines rent as any amount that you pay to use property you do not own. Most of us are familiar with the concept of paying rent for office space, land or equipment. But you may not know that you can deduct part of your rent on your home, condo or apartment if […]
If you’re starting your own company, be sure to avoid the common mistake of overlooking the licenses and permits you need to run your business. Nearly all businesses require some form of federal, state or local business licenses. You don’t want to start your business off on the wrong foot by failing to obtain your […]
Why do you buy the shampoo you use? Or a specific brand of pasta? Or what about that bottle of wine? Is it because of the price or the packaging? I, for one, will readily admit that my choices are often made on looks. Not surprisingly, I’m not the only one who acts this way. Brand […]
You know you have what it takes to be an entrepreneur — creativity, ambition, passion. So you’re scanning the business section looking for an opportunity to make your mark, and the news from CNN Money makes your head spin. WhatsApp just sold for $19 billion. Mark Zuckerberg told CNN Money this is new territory; no […]
As a small business owner, you can deduct automobile expenses for visits to clients, customers or travel to business meetings away from your regular workplace. If you have a home office, a drive from your home to a supplier and back home again is a 100 percent deductible business expense. When figuring expenses, you may […]
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