Small business owners may not think they need this type of insurance, but end up getting sued and you may think again.

Whenever you dispose of a business asset, you may have a taxable event.

Businesses trying to raise money by going public may have a tough time finding investors if a woman is at the helm, a new study shows.

Businesses may want to book another appointment with their accountant. That’s because a new survey of tax officials in all 50 states revealed that big changes may be coming to state tax codes as states respond to the changes which new technologies are having on the business landscape. 

A lot of people have great business ideas, but only a fraction of those would-be entrepreneurs ever find a way to finance their startup dreams. Small business loans are hard to come by and few people have the personal resources to finance a startup.

Revenue-based financing allows borrowers to pay off their loans based on a monthly allocation of the revenue their business brings in. While interest rates are typically higher, some say they like the ‘riskier’ lending format better because it allows them to maintain ownership of their companies while not forcing them to borrow against their homes and possessions.

Before launching into the hiring process, be sure to budget for all taxes and fees you must pay.

Is your company short of cash? Are you behind in payments to your office landlord or patent attorney? Are you looking for creative ways to boost employee morale but can’t afford salary increases? Instead of parting with cash you may be able to square a bill by parting with some company stock.

Now that crowdfunding has been legalized via the Jumpstart our Business Startups Act, the SEC has until Thanksgiving to establish its regulatory framework for investors and platforms. Here’s what you need to know now to make your business investment-ready under this new law.

It’s time to consider the current year and your financial situation with an eye to your 2012 income tax liability. Here are some tips to help you get and stayed organized.

In the venture finance community there is a broad range of individuals and firms that specialize in helping promising companies obtain debt or equity financing. Some offer excellent services; while others just prey upon naïve, wishful thinking entrepreneurs who say they “know everyone” and will “do all the work” provided entrepreneurs pay non-refundable upfront fees. 

Delinquent customers may not seem like a big deal, but the impact can be crippling to a small business both from an operations perspective and from the ability for the business to get credit.

No business owner wants to pay more in income tax than required, but inadequate record keeping and understanding of simple tax laws make it happen all the time.

Small-business owners may want to double-check their tax returns next year.  A majority of small businesses run by sole proprietors may have underreported expenses that would have reduced their taxes this past year, a new poll suggests.

The Small Business & Entrepreneurship Council’s annual tax index grades the states on 18 different tax measures and combines those results into one single tax score. The ranked taxes include: income, property, death/inheritance, capital gains, unemployment, and other consumption based taxes like state gas.

 

The House Small Business Committee held a hearing Wednesday entitled “The Tax Outlook for Small Businesses: What’s On the Horizon?” to acknowledge some of the obstacles small business owners face when it comes to U.S. tax policy.

If you're thinking of starting a business, you're probably worried about all the bookkeeping involved. The good news is that it's not as hard as you might think. However, there are a few basic terms you'll need to know before you get started. One of them is a profit and loss statement.

Olympic skier Lindsey Vonn owes $1.7 million in delinquent federal taxes to the IRS, The Detroit News reported. While a small business owner owing back taxes won’t exactly make national headlines, the penalties for trying to elude the IRS are often high and harsh.

Time is running out to file this year's income taxes, and a new report shows a number of U.S. workers won't be getting back the lucrative refunds they possibly could.

A new survey shows 64% of small-business owners spent more than 40 hours this year dealing with federal taxes -- up from 57% last year.

If you are self-employed and your gross receipts for the year exceed $400, the IRS says you must file. You may also be able to take a Net Operating Loss (NOL), which can be carried back to secure refunds from tax returns filed in previous years. Or you can elect to carry forward the loss to reduce taxable income in the future and reduce future tax liabilities.

For most people, starting a small business is an endeavor to make money — and a lot of it. Entering an industry you are passionate about is the key to success, so if you are looking to capitalize on opportunities with your small business, here are some of the most profitable enterprises:

There are some interesting tax treatment differences between small businesses and farming, and farmers are given some tax breaks not offered to other business owners.

According to a recent study by PayNet, a financial research firm, lending to small businesses was unchanged for the second straight month. The Thompson Reuters/PayNet Small Business Lending Index came in at 98.2 in March, down 0.1 percentage point from 98.3 in February. Lending is currently at the same level it was in summer 2011.

From health-care reform heading to the Supreme Court to the JOBS Act being passed in the House and Senate, here are the top small business headlines for the month of March.

Beginning in 2012, small business owners will be required to break out sales by the amounts reported on the 1099-K separately from the payments received by other means in an effort to crack down on owners trying to flying under the agency’s radar.

The Senate Thursday passed the JOBS Act, which would allow small businesses to raise capital via crowdfunding. Crowdfunding allows startups to raise small amounts of money online in order to fund their burgeoning businesses.

To receive a government grant, you must apply as an individual or organization with the intent of improving government services for the public. Federal grants are not personal loans, nor financial assistance to individuals. There are many organizations that are eligible to apply for government grants, such as small businesses and educational organizations, and if you are considering applying, here is a guide to understanding the process.

Xero polled 500 U.S. accountants to come up with the top three mistakes small businesses make. Top on that list: mixing business and pleasure.

One-third of small business owners are without a pension or retirement savings and have no idea how they will retire, according to a recent survey from the American College.

Small businesses are an important part of the national economy. As such, a wide range of legislation has been enacted to help small businesses save money on taxes. Here is a guide to tax credits specially designed for small businesses:

Geared toward online merchants that make at least $1,000 a month in volume, Kabbage.com is an Internet platform that enables the firms to apply for working capital and get an answer in seconds.

With rising energy costs and increased public awareness of environmental issues, it seems that there’s no better time for a business to “go green.” So, whether you’re seeking to perform small alterations or a complete overhaul of your company’s energy policy, here are five great places to start when making your business more eco-friendly .

Borrowing by U.S. small businesses rose in January, another sign that recent stronger economic data may be more durable than thought.

The Obama administration’s proposal for corporate tax reform ignores what matters most to small businesses, a coalition of small-business advocacy groups says. While the overall plan is sound, critics acknowledge, it overlooks the fundamental need for rate reform.

The National Federation of Independent Business' Research Foundation recently released Small Business, Credit Access ,and a Lingering Recession, which found the real estate overhang continues to limit access to capital for small businesses, and hinder their ability to grow.

It's not just consumers hurting every time they fill up at the gas station. Small businesses are also struggling to operate with prices at the pump expected to hit all-time highs of $5 a gallon by summer driving season, AAA reported.

With just weeks to go, small business owners are feeling the tax crunch. BusinessNewsDaily checked in with tax experts about the outstanding chores that need to be done by the end of February to satisfy Uncle Sam

Most investors are not forgiving when meeting with entrepreneurs. They often consider terminology blunders as a warning sign that entrepreneurs are financially “unsophisticated” or don’t have the financial “bandwidth” to manage money wisely or report financial results in an accurate way.  Here are a few terms to become familiar with before approaching potential investors.

Despite some improvements, the economic climate still makes it hard for many small businesses to qualify for loans from bank and financial institutions. But there are some alternative lending providers that are willing to lend businesses money—even those with less than perfect credit.  

Tax season is often overwhelming and time consuming for small business owners. Here are some last-minute tricks and tips to streamline your filing this year.

President Obama urged Congress Tuesday to pass legislation that will give mom and pops tax breaks for hiring and eliminate some capital gains taxes on business investments. But how much real impact will his plan have on small business owners in the year to come?

Bargain-hungry consumers continue to gobble up daily deal offerings, but the cost of getting new clients in the door at a heavily discounted price may not be the right financial choice for every small business.

While it may seem more difficult for big idea entrepreneurs to obtain checks from wealthy investors, ultimately soliciting non-accredited investors can be the more time-consuming and expensive path to funding success.

Here are some tips from the Young Entrepreneur Council on how you can take steps to make your small business greener, without spending a ton of money.

Learning how to pitch investors is an invaluable skill. Avoid these blunders, which are sure to make a bad impression--and could kill the deal.

Savvy entrepreneurs are always looking for faster, easier ways to raise equity capital from investors. It’s no wonder that entrepreneurs today want to leverage their online networks to solicit funds from their online “friends,” “followers” and “fans.” This may get a thumbs up for creativity; state and federal regulators would give your fundraising plan a big thumbs down on execution.