Correcting Errors on Your Credit Report
For whatever reasons, errors can and do appear on credit reports. Most frequently, errors are due to honest mistakes or misidentification. Nevertheless, you have a right to dispute errors or misleading information contained in your credit bureau files. Your rights...
Choosing an Entity for Your Business
Now that you’ve decided to start a new business or buy an existing one, you need to consider the form of business entity that’s right for you. Basically, three separate categories of entities exist: partnerships, corporations, and limited liability...
Can I deduct home office expenses?
If you use part of your home to conduct your trade or business, you might be able to deduct certain related expenses. To qualify for the home office deduction, you must pass certain tests. You must use part of your home regularly and exclusively for your trade or...
Federal Tax Filing Season Has Started
The IRS announced that the starting date for when it would accept and process 2021 tax-year returns was Monday, January 24, 2022. Tips for making filing easier To speed refunds and help with tax filing, the IRS suggests the following: Make sure you have received Form...
Income Tax Tips: Business Insurance
Insurance serves many purposes for a business. You’ll need insurance to protect your business from property damage, personal injury suits, and other forms of financial loss. In addition, you may want to provide your employees with certain types of insurance...
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