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Archives for December 2016

How to Follow the Rules when Writing off Bad Debts

December 22, 2016 by Onlyfordentists

In any economic environment, businesses typically have a percentage of customers who don’t pay their invoices. Here are some tax guidelines. Cut Your Loss If a customer or client owes your business money you can’t collect, you might be able to claim a bad debt deduction on your business return. You must be able to […]

Filed Under: Uncategorized

Staying One Step Ahead of Tax Issues

December 22, 2016 by Onlyfordentists

The last thing you need as a small business owner is to have to spend time unraveling tax problems you could have avoided. There are many tax issues that can trip up small business owners — here are a few. Mixing Business and Personal Keeping your personal bank and credit card accounts separate from your […]

Filed Under: Uncategorized

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