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Small Business News & Notes

HOT Issue Poll

How to sidestep the wash sale tax rule

Usually if you sell securities and the transaction results in a loss, you can use the loss to offset capital gains, plus up to $3,000 of ordinary annual income.

Tax Tip of the Week

Office equipment lease or buy

For many companies, the decision to lease or buy office equipment bears directly on cash flows and profits. Copiers, phones, computers, printers, and networking software all must be either purchased or rented. How do you decide which is the best option for your business?

Business Tip of the Month

Tax refund spend it quickly or use it prudently

More than 70 percent of taxpayers will receive tax refunds this year, with refunds averaging $2,860. If you're part of the fortunate majority, you may be wondering how to spend that extra cash.

Financial Tip of the Month
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