2013 Business Tax Changes and Credits in Fiscal Cliff Deal Extend Small Business Jobs Act Tax Changes

[2013 Small Business Tax Breaks Extensions] Congress and the Obama administration have reached an agreement that will extend a number of small business tax breaks through 2013 following the fiscal cliff deal which was legislated through the Taxpayer Relief Act of 2012. This includes: R&D credit extended: The Research and Development (R&D) tax credit was extended for another …

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5 Insider Tips for Starting a Small Business

I spend every day writing on the subject of personal finance. So it’s rare that I get to discuss straight-up business tips. But because of the growth of this once little known blog, I’m now running my own legitimate small business. Below I present some tips I’ve picked up along …

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How to Get and Qualify For a Small Business Loan (SBA 7a)?

[Update] Under the recently enacted $2 trillion Coronavirus stimulus bill (CARE) additional financial help has been provided to small business in the form of expanded loan assistance programs by expanding the SBA section 7(A) act to guarantee loans up to $10 million. There are also provisions under the Paycheck Protection …

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Setting up My Small Business Home Office

I recently incorporated my first company. It has one employee – me – and its only asset is this website. But it was a great feeling to officially become a small business owner, thereby joining 15 million other Americans. The reason for incorporation was primarily driven by the taxation benefits …

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