One of the biggest issues I hear from small businesses is their trouble with separating their personal expenses from business expenses.  IRS does require that there’s a clear line drawn between the two in order to demonstrate a clear carrying on of legitimate business operations as opposed to c...

A lot of small businesses I talk to understand  that their tax responsibilities is both federal level and state level, yet surprisingly few are actually on top of those state and local taxes.  I know everyone clamors during tax season to handle their federal year end taxes, but the state a...