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 at "Big Ideas for Small Business®" 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.
Making guaranties to your your customers is away to build trust. But in business there are other guarantees you may need to make too. Understanding what you are agreeing to is important since it could affect you personally and professionally down the road. So here is an overview of some of these guarantees and how they work.
You probably never thought of hiring employees as a way to save money. And, of course, it's not really. But there are hiring incentives you should b aware of come tax time. Here's a list to get you started.