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Small business tax credits and deductions you should know about

BMT Office Administration

IRC § 179 deduction for depreciable business assets Normally, when you buy a piece of office equipment, you must depreciate it over the number of years of its useful life. million of the cost of qualified property—machinery, equipment, standardized computer software, and improvements to nonresidential buildings—placed into service in 2023.

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1099 vs W-2: The difference between employees and contractors

BMT Office Administration

Does the business provide all necessary tools or equipment or does the worker provide their own tools? For example, a graphic designer employed as an independent contractor would likely use their own computer and design software whereas employees often have work devices and any necessary software program subscriptions provided.

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Small Business World News Round-up - 2009/11/10

The Small Business Blog

Benefits of Online Software for Small Business. Getting by with skeleton staff : Small business owners are still whittling away at their payroll, but the deluge of pink slips on Main Street is slowing down. Small Business Crunches Numbers : Small business has fought the health-care bill as too costly. E-Mail me or follow me.

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Standard Operating Procedures: Tips for Creating Business Systems | Office Organization & Office Efficiency | OfficeArrow

www.officearrow.com

Each offers its own benefits, some are easier to use than others, and all can be completed using technology; either computer software or video. Software such as PowerPoint, Visio or SmartDraw can aid in the development. There are several different tools that you might want to use alone or in combination to create your business system.

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Small Business Bootstrapping Techniques | THE SMALL BUSINESS BLOG

The Small Business Blog

Benefits of Online Software for Small Business. John Tasher Don Said on July 29th, 2008 at 4:43 am I totally agree that bootstraping is a must, but I can also see how small business would require additional funding for equipment, supplies, ect., Community for small business outsourcing and cost control. Thanks for the comment.

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