Small Business - Chron.com
Running a small business? Learn how to operate and grow a business with information from accounting and bookkeeping to how to obtain small business financing, get ideas for franchises and more.
What Can Be Deducted in an S-Corp? - Small Business - Chron.com
So if your S corporation made $20,000 and you own 40 percent of it, your share of the income would be $8,000 . This income is taxed at your individual income tax rate. Likewise, if the company ...
A List of Deductible Business Expenses for Schedule C - Chron.com
You can deduct all advertising expenses from your business taxes. This includes costs for printing materials, ad design, radio and television spots and Internet ads. Keep track of all of your ...
How Often Can You Take a Business Loss on Your Taxes? - Chron.com
Tip. In a five-year period, you can claim a business net loss up to two years without any tax problems. If you report operating losses more frequently, the Internal Revenue Service (IRS) might ...
Pros and cons of accounting software for businesses - Chron.com
Nov 5, 2024 · As explained above, accounting software can be affordable and even free. But that may not be the case for many businesses that could find that the monthly subscription costs exceed what they can ...
List of Tasks for Running a Small Business - Chron.com
Money is the fuel that keeps your small business running. You need to understand how it's flowing in and out of your company. Small business finance tasks include: Advertisement. Article continues ...
What Determines Small Business vs. Large Business? - Chron.com
In mining, large businesses are those that have 500 or more employees. In the construction industry, heavy construction contractors and general building contractors have a large business if there ...
10 best payroll services for small businesses 2024 - Chron.com
Sep 10, 2024 · The best payroll companies for small businesses include ADP Run, Gusto, Justworks, Patriot Software, Paychex Flex, Paylocity, QuickBooks Payroll, Rippling, SurePayroll, and Workday. These payroll ...
Safe Harbor Rule for Minimum Tax Payments of Small Businesses - Chron.com
Your projections indicate you'll owe $110,000 in tax by the year's end. Consider that 100 percent of last year's tax bill equals $100,000. If you paid 90 percent of this year's taxes, that would ...
Short-Term, Medium-Term & Long-Term Planning in Business - Chron.com
Short-term usually involves processes that show results within a year. Companies aim medium-term plans at results that take several years to achieve. Long-term plans include the overall goals of ...