Having good records can help you support your revenues and expenses during a tax or financial statement audit. Here's what you need to know.
As a sole proprietor you should understand the pros and cons of doing so and compare its features to those of other organizational structures.
Being self-employed, you may be ables to deduct clothing costs for business. Find out what type of clothing is deductible and if you're eligible.
Fringe benefits can be a strategic method for an employer to save on taxes while still benefiting the employee. Find out more about the tax implications here.
If you incur costs throughout the year that pertain to membership fees or union dues, these could all be considered deductible business expenses.