Follow

  • Facebook Social Icon
  • Twitter Social Icon
  • LinkedIn Social Icon
  • iTunes Social Icon
Cindy_Blue rectangle.jpg

Small Business Tax Savings

You don’t have to pay more than the tax law requires. But, as Albert Einstein said, “the hardest thing to understand in the world is the income tax.” Finding ways to minimize your small business taxes legitimately and avoiding pitfalls are important activities that can have great returns: lower taxes. Unfortunately, nine out of ten small business owners overpay on their taxes. Considering the US tax code is roughly 70,000 pages long, it’s understandable why small business owners and even accountants have trouble navigating it. Here are some good ways to save money on your small business taxes. 1. Keep an eye on AGI. Adjusted gross income—line 37 of your Form 1040—is the starting point for a

Morning Rituals

Two years ago this week I was in New York City on business. The day dawned wet, cold and very dreary. The alarm went off and I just laid there dreading the walk to the office. I did not bring an umbrella or a raincoat. It was too close to call a cab and too far to walk and stay dry. I was having a mental pity party and feeling more and more miserable. As I left the hotel and started the dreaded walk to the office I began to hear singing in the distance. There was a deep and lovely voice booming out “Great day, great day, it’s a truly great day.” I was walking toward the singing and quite perplexed about this seemingly crazy person. It was definitely not a great day! I was still having my pit