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The Cutting Edge: Tax Tips for Small Businesses: Part 1

“Small business owners and entrepreneurs really get focused on products and services, and don’t spend a lot of time understanding the accounting and book keeping services and how it can save them money,” says Steve Bloom, chairman emeritus of the Counselors to America's Small Business’ Atlanta branch of SCORE. Audits on small businesses increased 41% in 2007 compared with 2005, according a study by the Transactional Records Access Clearinghouse, a Syracuse University-based research organization. Here are a few tips to ease your tax headache and prepare you for next year.

Time For Tech?

Investors who retreated to the sidelines following the dot-com bust, may soon want to re-enter the game. “There are lots of exciting developments in technology today,” says Ralph Wells, who...

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