The Tax Code Can Make Business Losses Less Painful
Whether you’re operating a new company or an established business, losses can happen. The federal tax code may help soften the blow by allowing businesses to apply losses to offset …
Too much business inventory? Trim the fat!
Businesses need to have inventory. But having excess inventory is expensive. It’s important to keep it as lean as possible. Here are some ways to trim the fat from your …
Business Bartering is Taxable
During the COVID-19 pandemic, many cash-challenged businesses have bartered for goods and services instead of paying dollars for them. If your company gets involved in such a transaction, remember that …