by admin | Nov 11, 2015 | Blog
So you’ve finally decided to take that big leap of faith and start your own business…congratulations! Now you have to figure out what all needs to be done to get your business up and running from a tax and accounting standpoint. First, you have to decide how your...
by admin | Nov 3, 2015 | Blog
Home Office Deduction – Simplified Method Starting in 2013, it’s much easier to take the home office deduction on your sole proprietor business. Small business owners no longer have to deal with figuring out how much they paid for all of those utilities throughout...
by admin | Oct 28, 2015 | Blog
Leave your payroll filings to a professional Payroll can be very complex for the business owner who is struggling to do everything in and for their business. This is one area of your business that is definitely worth outsourcing. Selby Tax & Accounting PC offers...
by admin | Oct 27, 2015 | Blog
Filing taxes late Here are some pointers if you file and/or pay your taxes late: A failure to file penalty is generally more than a failure to pay penalty, so even if you can’t pay your taxes in full, you should still file on time and pay as much as you can. The...
by admin | Oct 26, 2015 | Blog
Child Tax Credit Do you qualify for the $1,000 per child credit? -Your child must be 16 or younger on December 31 of the tax year -The child must be claimed as your dependent -The child must be related to you -The child must have lived with your more than half of the...
