February 27, 2010 
This entry was posted on Saturday, February 27th, 2010 at 9:09 pm and is filed under Small Business, Taxes. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
Navigate through the maze of tax write-offs. Learn which small business tax breaks can save your company money. For instance, did you know you can deduct up to $5000 in start-up and $5000 in organization costs for the first year of your business? The rules are different though if your costs go beyond $50000.
Another good example of a small business tax break are equipment deductions. The equipment doesn’t have to be new as long as it is newly bought and will be used half of the time for your business. Equipment includes computers, machines, furniture, cars and other necessary items. Fill out Form 4562 to take this type of deduction.