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Money

Money Management, Revenues, Expenditures, Budgeting, Accounting, Financial Management, Virtual Payment

Eyes Open For Depreciation & Write-Offs

Small businesses need to think strategically, as it may be a good year for equipment upgrades- take advantage of section 179 What is section 179? An IRS set of guideline for write-offs and deductions. What is the business  benefit?…
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8 Tax Tips for the 2012 Filing Season

Avoiding procrastination, understanding deductions and filing on time will make for a less stressful tax season It’s that time of year many of us tend to dread. Tax season. It can be stressful and cause some sleepless nights.…
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Was the Fiscal Cliff Averted?

The American Taxpayer Relief Act of 2012 represents a mixed bag for small businesses and individuals Are you as sick of the words “fiscal cliff” as I am? Better yet, do you really believe that the new law has saved us from it? After…
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True Value of Your Hispanic Business

Fundamental to many Hispanic business activities, it's essential if you plan to expand or sell your company. Editor's note: This article originally appeared in Latin Business magazine the predecessor of Latin Business…
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Travel Expenses: What You Need to Know

Tips help small business owners determine which travel expenses are deductible according to federal tax guidelines As an individual always looking for new destinations and something new to write about while looking for new…
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More Tax Changes on the Horizon

Tax laws set to change at the end of the year when the Bush tax cuts expire, leading to increased taxes on qualified dividends and other modifications Photo: Fotolia In part one of this series, I outlined the…
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Big Insights on Taxes

What’s in play? What happens now that some of the Bush tax cuts for businesses expire at the end of 2012? Photo: Fotolia Note: This article is part one of a two-part series. The Bush tax cuts that were largely…
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Equity Crowd Funding Is Coming

5 Critical Issues When Considering Equity Crowd Funding as a Source of Capital Archive now available for Latin Business Today web members Click here to login or register and become a member. Highlights of the Equity Crowd…
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Equity Crowd Funding 101

How Hispanic entrepreneurs can join the crowd to raise money for their companies You need to raise money to fund and grow your Hispanic small business. You have come up with a proposed investment structure and…
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Deducting Business Expenses

Business expenses are the cost of carrying on a trade or business. These expenses are usually deductible if the business is operated to make a profit. What Can I Deduct? To be deductible, a business expense must be both…
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Business Tax Essentials

Business expenses, electronic filing and other IRS tips for small and medium businesses The management and mentors of Latin Business Today will be providing a weekly column of timely topics provided by the IRS. These tax tips…
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Banking On The Work Ethic

James Gutierrez built a micro-lending success on trust James Gutierrez It's easy to get a loan if you have the right assets, credit score and bank account size. Without them, it can be impossible. That's why James
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Lease Or Buy Equipment?

If you plan to invest in new equipment for your business sometime soon, and were considering a traditional loan to finance the purchase, you might also want to look into leasing as an option. If cash is in short supply, and the equipment…
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Must-Have Insurance

As your business grows, so does your need for insurance. When it comes to investing in your small business, few things are more important than securing adequate insurance coverage. The right policy will protect your assets and…
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A Taxing Question

Improvement or repair? A distinction with a difference. Business owners are constantly asking me whether a certain expenditure is classified for tax purposes as a capital improvement or a repair. Unfortunately, the distinction is…
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Lease Or Buy Space?

Considerations for that important lease vs buy decision At some point almost every business owner asks, “Should I lease or buy building space?” It’s an important question without an easy answer. You must compare the benefits by…
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Where’s The Money?

How To Get The Cash Up Front Your Business Needs You may have a terrific plan and be a talented workaholic, but finding funding is another issue. Most business failures are a result of inadequate funding from day one. Business owners…
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Keep The IRS Happy

'Paperless Age?' Not Quite! If I had a dollar for every time a client has asked: "How long do I have to keep all of this paper?" it would be like hitting the lottery. Even in this “paperless” age, records…
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Mobile Money

A short guide to the wide world of virtual cash. credit: Shutterstock We used to know what money was. It was tangible, something we could hold: a dollar bill, a nickel coin, a check drawn on a local bank, a credit…
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Free Money? Not Quite

The following article is provided by SCORE, a nonprofit association of business counselors who mentor small business owners across the U.S. For more information, see the SCORE Web site: http://www.score.org/ Nothing good in life comes…
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