June 26, 2014

Is your business dependent on too few?

Many small business owners share one problem, especially in their early days. It’s being over-reliant on a single customer or supplier for much of their business. […]
July 23, 2013

Am I in Compliance?

HAS has provided the following tips to help business owners remain in compliance with tax and other issues.   Employment Issues: Federal, State and City (if […]
May 23, 2013

DO I HAVE TO UPGRADE MY QUICKBOOKS 2010 SOFTWARE?

Most QuickBooks 2010 users have received several warnings when using their QuickBooks products that access to add-on services will be discontinued on May 31, 2013. This […]
October 10, 2012

Are frequent-flier miles taxable?

Frequent-flier miles or other in-kind promotional benefits attributable to a taxpayer’s business or official travel and used for personal are not taxed. However, this relief does […]
October 10, 2012

What is the standard mileage rate?

  1/1/13 01/1/14 1/1/15 01/1/16 1/1/17 1/1/18 1/1/19 1/1/20 Business $0.565 $0.56 $0.575 $0.54 $0.535 $0.545  $0.585 $0.575 Medical/Moving $0.24 $0.235 $0.23 $0.19 $0.17 $0.18 $0.20 […]
October 10, 2012

What business structure should I choose?

One of the first decisions that you will have to make as a business owner is how the company should be structured. Since this decision will […]
October 10, 2012

I want to start a business. Where do I start?

There is a lot of hard work that goes into starting your own business. Establishing the product or service you will be selling, doing the research, […]
October 10, 2012

Employee or contractor?

In the past, the IRS relied on a list of 20 common-law factors to classify workers. Now the IRS looks at just the following three factors […]
October 10, 2012

Is this a hobby or a business?

Is your favorite hobby (hereafter referred to as “activity”) actually a business? The following factors described by the IRS should be considered: Does the time and […]