Barbara Weltman is the Tax Columnist for Small Business Trends. Barbara is an author, attorney and a leading authority on tax, law, and finance for small business. She publishes an “Idea of the Day®” and monthly e-newsletter, “Big Ideas for Small Business®” found at Barbara Weltman, and is a trusted professional advocate for small businesses and entrepreneurs.
She has written over 25 books, including perennial top sellers, “J.K. Lasser’s Small Business Taxes” and “J.K. Lasser’s 1001 Deductions & Tax Breaks,” along with her latest books, “Guide to Self-Employment” and “Smooth Failing,” and is a blogger for SBA.gov, Entrepreneur, and AmEx OPEN.
Considering filing for bankruptcy? Here are some tips for balancing bankruptcy and the IRS that can help in various scenarios.Dec 5, 2017 155 Shares
Errors in the your payroll can have legal and tax implications, both of which can hurt your bottom line. Here are 10 payroll mistakes to avoid.Nov 2, 2017 489 Shares
Running a sideline business? Here are some important tips on side business taxes to keep in mind to stay in the IRS' good graces.Oct 2, 2017 322 Shares
Some tax deductions seem like no-brainers, but you may want to check again when it comes to these 10 non-deductible business expenses.Sep 5, 2017 497 Shares
Before taking your next business trip, plan ahead, and stay compliant, by learning these five IRS tax rules for business travel.Aug 1, 2017 639 Shares
As if taxes weren’t enough, the IRS can add interest and penalties for actions you may take or fail to take. Here's some tips on avoiding tax penalties.Jul 5, 2017 443 Shares
Good news: growing older entitles you to make “catch-up contributions” designed to enable small business owners to catch up on retirement savings.May 31, 2017 374 Shares
Tax credits are an important type of tax break because every dollar of tax credit saves one dollar in taxes. Here are 5 small business only tax credits.May 3, 2017 599 Shares
Aside from the norm, there are a slew of other travel-related costs that you may incur. Here's a list of 5 deductible travel expenses, and 5 that are not.Apr 5, 2017 322 Shares
Here’s a checklist of the ten most important employment compliance issues that small business owners need to be aware of.Mar 16, 2017 345 Shares
It's nearly February and it's really past time when you should be preparing your taxes. Here are important dates to circle on the 2017 tax calendar.Jan 31, 2017 341 Shares