If you moved due to a change in your job or business location or because you started a new job or business, you may be able to deduct your reasonable moving expenses.

The Patient Protection and Affordable Care Act of 2010 resulted in several changes to the U.S. tax code that affect individuals purchasing health care insurance through the health care exchanges. Let’s take a closer look at what it all means for you.

Tax rules on rental income from second homes can be complicated, particularly if you rent the home out for several months of the year, but also use the home yourself.

There is however, one provision that is not complicated. Homeowners who rent out their property for 14 or fewer days a year can pocket the rental income, tax-free.

#1: Sir John Templeton: “Invest at the point of maximum pessimism.”

#2: “Raise the deductibles on your motorcar and residential insurance.”

#3: For simple federal tax-exempt wealth transfer, make $14,000 annual gifts to kids and grandchildren. It won’t delve your $5.25 million lifetime exemption from gift and estate taxes.

Do bookkeeping chores take an excessive amount of time off from your core business? Is using an Associate in Nursing accounting workers cost-prohibitive?

once bookkeeping tasks are a struggle, you wish expert facilitate. If you can’t rent a regular bookkeeper however would love all the advantages of getting one, outsourced bookkeeping may be the proper resolution.

Tim, who owns his own business, decided he wanted to take a two-week trip around the US. So he did–and was able to legally deduct every dime that he spent on his vacation. Here’s how he did it.

More than 52 percent of businesses today are home-based. Every day, people are striking out and achieving economic and creative independence by turning their skills into dollars. Garages, basements and attics are being transformed into the corporate headquarters of the newest entrepreneurs–home-based business people.
And, with technological advances in smartphones, tablets, and iPads as well as a rising demand for “service-oriented” businesses, the opportunities seem to be endless.

Accounting tips on Common Budgeting Errors
When it comes to creating a budget, it’s essential to estimate your spending as realistically as possible.
Here are three budget-related errors commonly made by small businesses and some tips for avoiding them.

Overhead will overtake little businesses in a hurry. However too several business owners impede their revenue growth doing everything simply to avoid wasting some bucks.
Many entrepreneurs reject outsourcing due to the additional price. However, they fail to calculate the worth of opportunities lost as a result, they sank an excessive amount of time into energy-sapping tasks, which can be best left to others.

10 funny images that describe Accountants