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      small-business

      The Qualified Small Business Stock Exclusion

      Tax Breaks, Tax Planning for Small Businesses, Big 3, Tax Benefits, Small Business, 2019, Qualified Small Business Stock Exclusion

      As the driving force in today's economy, small businesses benefit from numerous tax breaks in the tax code. One of these, the Qualified Small Business Stock (QSBS), was made permanent by the PATH Act (Protecting Americans from Tax Hikes Act of 2015). If you're a small business investor, here's what you need to know about this often-overlooked tax break.

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      7 Common Small Business Tax Myths

      Small Business, 2018 Tax Return, Tax Cuts and Jobs Act, Tax Myths

      The complexity of the tax code generates a lot of folklore and misinformation that could lead to costly mistakes such as penalties for failing to file on time or, on the flip side, not taking advantage of deductions you are legally entitled to take and giving the IRS more money than you need to. With this in mind, let's take a look at seven common small business tax myths.

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      Recap of Business Tax Provisions for 2018

      Tax planning, Tax Provisions, Tax Planning for Small Businesses, Big 3, Small Business

      The Tax Cuts and Jobs Act of 2017 (TCJA) eliminated or modified numerous tax provisions starting in 2018. Here's what businesses need to know as they get ready for tax season. Here's what business owners need to know about tax changes for 2018.

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      Section 199A: Qualified Business Income Deduction

      Big 3, Small Business, Sec 199A

      Thanks to tax reform legislation passed in December 2017, eligible taxpayers may now deduct up to 20 percent of certain business income from qualified domestic businesses, as well as certain dividends. Eligible taxpayers can claim the deduction for the first time on the 2018 federal income tax return they file in 2019.

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      5 Things to know before Starting a Business

      Start-Up Business, Business Tips, New Business, Small Business

      Starting a new business is an exciting, but busy time with so much to be done and so little time to do it. Also, if you expect to have employees, there are a variety of federal and state forms and applications that will need to be completed to get your business up and running. That's where a tax professional can help.

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      Small Business Financing: Securing A Loan

      Big 3, Securing a Loan, Financing, Small Business

      At some point, most small businesses owners will visit a bank or other lending institution to borrow money. Cash flow is the key to business success. Understanding what your bank wants, and how to properly approach them, can mean the difference between getting your money for expansion and having to scrape through finding cash from other sources.

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      Cash Flow: Key to Business Success

      Big 3, Cash Flow, Small Business

      Cash flow is the lifeblood of every small business but many business owners underestimate just how vital managing cash flow is to their business's success. In fact, a healthy cash flow is more important than your business's ability to deliver its goods and services.

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