SelfInformed

August 2015

  • 10 Things You Need To Know When Starting A Business

    Aug 18, 2015

    Owning your own business can be a very rewarding experience. Conducting diligent research prior to venturing into entrepreneurship, utilizing available resources, and keeping a close eye on the financial picture will enhance your chances of operating at a profitable level. The U.S. Small Business Administration classifies a small business as a venture with fewer than 500 employees. According to the U.S. Census Bureau, that accounts for 99.7% of all businesses in the United States.

  • Business Deductions

    Aug 18, 2015

    Q: I just started my new small business and was looking for a list of what is deductible and what isn’t. Does such a list exist? A: The question is a very good one, but also one that I don’t like to answer. The first key point is that any ordinary and necessary expense that you incur in facilitating your trade or business is deductible. If you pay for a license or a sign, business cards or thank you cards, file folders or file cabinets, air fare or restaurant fare, it’s always deductible if the primary purpose of the expense is business. Be careful reading from a list provided by your CPA or even the IRS that might lead you to spend money that you don’t really need to spend.

  • Feeding Self Employment

    Aug 18, 2015

    Bridgette John is the owner of Get Snackin Las Vegas, a locally owned, family operated vending company delivering top-notch vending solutions to customers in Las Vegas, Nevada and the surrounding area. Bridgette transitioned her past experiences with customer service in the restaurant and catering industry to owning her own business in the vending industry. Get Snacking Las Vegas now services four locations with seven machines and is looking to place three more within this next year.

  • Senate Bill Deducts Health Insurance for Self-Employed

    Aug 18, 2015

    On July 22, 2015, Senator Vitter, Chairman of the Senate Small Business and Entrepreneurship Committee, introduced a huge package of tax deductions for small businesses, including the full deductibility of health insurance for the self-employed.

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