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For 2023 taxes, you can deduct 65.5 cents per mile. For 2024 taxes, you can deduct 67 cents per mile. If you have only one vehicle and use it for both personal and business needs, you need to ...
Small business owners especially need to be aware of potential big changes ahead,” said Tom Wheelwright, a CPA and CEO of WealthAbility. That includes the bipartisan Tax Relief for American ...
The Secure Act 2.0 passed by Congress in late 2022 gives small businesses some tax advantages if they offer a retirement plan. There’s a tax credit for small businesses starting new employee ...
The federal Small Business Health Options Program is an insurance exchange, created by Patient Protection and Affordable Care Act (Obamacare). [1] The Small Business Health Options Program (SHOP) Marketplace helps small businesses to provide health coverage to their employees. Therefore, it is open to employers with 50 or fewer full-time ...
Insurance is a means of protection from financial loss in which, in exchange for a fee, a party agrees to compensate another party in the event of a certain loss, damage, or injury. It is a form of risk management, primarily used to protect against the risk of a contingent or uncertain loss. An entity which provides insurance is known as an ...
In the United States, some of the largest concerns of small business owners are insurance costs (such as liability and health), energy costs, taxes, and tax compliance. In the United Kingdom and Australia, small business owners tend to be more concerned with perceived excessive governmental red tape.
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TaxAct is user-friendly, and very affordable - Doughroller