How does depreciation work on business equipment? Depreciation is the government's way of rewarding your business for using increasingly cruddy stuff. Somehow, that makes sense.

Tax credit service - Why the WOTC is nothing to do with your tax preparer

The WOTC tax credit can save you up to $9000 per year for each qualified new hire you make. So why aren't you taking advantage of it? Here's a few things to consider when you decide whether you want to manage it internally or outsource it.

Taxes for Entrepreneurs
Your First Tax Season

If, like tens of thousands of individuals, you started a business last year, this year might be the first time you’ve ever needed to file business taxes. You might think that they’re just like individual taxes, but you’d be wrong. Business taxes are the Complete Works of Shakespeare. Your individual taxes are the Cliff Notes of “Where’s Waldo?”

Taxes for Entrepreneurs
Limiting Your Audit Risk

As quoted in the Los Angeles Times (March 15, 2010)You can never eliminate that chance of being audited, because a perfect tax return will be suspicious, too (who files perfect taxes?) Company.com has ten ways to reduce your risk of an audit – we figure that most small businesses don’t have big accounts in the Caymans or Switzerland, and that if you’re reading this you haven’t run into significant tax problems in the past. Otherwise you'd know this stuff already.

Taxes - Why Should I Pay Someone to Do Them?

If you fully understand how to apply the dozens of different classification categories for depreciating fixed assets on a double-declining basis, feel free to keep your own tax records. Of course, if you do you’re probably an accountant, so that’s not exactly fair.

Taxes - What Are the Big Names in Tax Preparation Services

Which companies are the best known tax payment services? Do they offer services targeting small and medium-sized business?

Taxes - Filing and Payment Services

Taxes bring joy to no one. For creative entrepreneurs, it can be the very worst part of their job. Companies are out there to keep your tax records and file your business taxes for you. Given the intricate and ever-shifting tax code, this may be one area in which a professional hand can really be valuable.

Taxes - Tips for Small Businesses

Paying taxes and filing taxes can be a daunting job. If you’re in business, then you know why accountants drive nice cars. However, before you sign up with any company offering tax services, it is essential to know what they offer and what you really need.

What the Austin Plane Crash Means for Small Businesses

On February 18th 2010, Andrew Stack III allegedly crashed a Piper Cherokee PA-28 into the Internal Revenue Service building in Austin, Texas. In an apparent suicide note, Stack railed at the government and the IRS, and quoted Section 1706 of the 1986 Tax Reform Act. But what does 1706 say, and how does it affect you as an employer? And yes, it probably does.

Startup Accounting 101 - A presentation by Mint.com CEO Aaron Patzer

Aaron Patzer, CEO of Mint.com, discusses startup accounting and the financial history of Mint.com, which recently bought by Intuit for $170 million. Slides and video of Patzer's presentation are included.