Can a Small Business Owner Claim a Tax Deduction for Smartphone, PC, and Tablet Purchases?

Are you a small business owner looking for ways to save money on your business tax return? One way to reduce the amount of taxes owed is to claim a tax deduction on all electronic devices purchased for your business, such as smartphones, computers, and tablets. Virtually all electronic devices and technologies are tax deductible,…

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The Top 35 Bookkeeping Terms You Should Learn as a Business Owner

Every small business owner should maintain their bookkeeping because it helps track the total profits and losses of their company. In addition, bookkeeping can organize your financial information and make it easier to survive a tax audit from the Internal Revenue Service. Bookkeeping Terminology Bookkeeping concerns all aspects of your company’s operations. Before introducing bookkeeping…

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