Entrepreneur Tax Tip III: 5 Quick Tips to Get Ready Now!
Entrepreneur Tax Tip III: 5 Quick Tips to Get Ready Now! You may be confused as to why this post is coming out now that the tax deadline has passed. To that, we answer, 2013’s has passed, yes. But 2014’s is on its way! That’s why we’re going to give 5 quick tips, adopted from Amrik Andhawa, Entrepreneur columnist, to help next tax season go easier (full article here). 1. Get organized Amrik, entrepreneur and product developer himself, suggests having standardized formatting for invoices and other legal documents as well as designating a good place to keep necessary documents, more...
Read MoreTax Day Freebies 2015
Tax Day Freebies 2015 Happy April! Here is our list of some awesome tax day freebies. And trust us, this is no April fools, they’re all real deals! Here is our list of free or discounted things you can take advantage of on or around tax day April 15th. Bruegger’s Bagels- April 12 through 15, customers can get a bag of 13 bagels and two tubs of cream cheese flavors for $10.40 (save about $3.50) Boston Market – On April 15th get two half-chicken individual meals for $10.40. Each meal includes half a rotisserie chicken, a choice of two sides, and cornbread. Office Depot- Free...
Read MoreEntrepreneur Tax Tip I: 75 Items You May be Able to Deduct
Entrepreneur Tax Tip I: 75 Potential Tax Deductions Feeling a little bit like the Sheriff of Nottingham is pounding at your broken foot for your last few bit of tax dollars? Well, you’re not alone. For entrepreneurs, this time of year can be painful and even sometimes scary. In honor of the tax season this year, we’re going to give you three different posts on how to maximize your tax benefits. 75 Items You May be Able to Deduct Meal Tips Late Filers 75 Potential Tax Deductions This first post comes as an introduction to what’s out there that an entrepreneur might be able to...
Read MoreWarning: “Miserable” 2015 Tax Season is Here
Warning: “Miserable” 2015 Tax Season is Here According to a recent article on CNN Money, the 2015 tax season could potentially be the worst since 1985. The 1985 tax season is considered a disaster due to computer failure, lost returns and delayed refunds. Sounds like fun, doesn’t it? Why is this happening? As we mentioned in some previously posts, the IRS budget had been cut yet again and the tax code is getting more complex, requiring the agency to take more care in reviewing the complicated returns. The IRS budget is roughly 10% less in 2015 than it was in 2010, without...
Read MoreAn Entrepreneur’s Guide to New Business Ideas
An Entrepreneur’s Guide to New Business Ideas New ideas are essential to all businesses, whether start up or 30 years running. There comes a time when any business owner asks the question, “What else can I offer?” The staff of Entrepreneur Media provide an excellent framework for an entrepreneur to answer this question: List five to seven things about you – things you like to do or that you’re really good at, personal things (we’ll get to your work life in a minute). On the other side of the paper, list things you don’t think you’re good at or you don’t like to do. When...
Read MoreDirty Dozen Tax Scams 2015: Phone Scams
Dirty Dozen Tax Scams 2015: Phone Scams The IRS recently published their “Dirty Dozen Tax Scams” for the 2015 filing season one at a time. The first scam on their list: phone scams. Apparently aggressive and threatening callers impersonate IRS agents and threaten police arrest, deportation, and license revocation among other things. They know just how to make people feel desperate enough to give them financial information on the spot. The IRS puts phone scams at the top of their list because they have been so common during the past few months. They also point out that the scam...
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