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Small Business News & Notes

HOT Issue Poll

How to secure casualty and theft loss deductions

No one enjoys picking up the pieces after a natural disaster or when some other calamity destroys personal property like a home or car. But at least you may be in line for some tax relief.

Tax Tip of the Week

Income or sales tax you have a choice on your 2016 tax return

When you itemize your deductions, you can deduct either state and local income taxes or general state and local sales taxes on your 2016 tax return. But you can't have it both ways — it's one or the other.

Tax Tip of the Week

Bolster your companys cyber security

Workers routinely and unintentionally put their employers at risk by engaging in sloppy computer security practices.

Business Tip of the Month

TIPS can offer a prudent longterm investment alternative

Rising inflation poses a significant risk to fixed-income investments such as bonds. Treasury inflation-protected securities (TIPS) can be a good alternative to diversify your portfolio and protect your retirement funds from the risk of rising inflation.

Financial Tip of the Month
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