The Edge Newsletter
Tax Issues Related to Hobbies
Generally, when individuals have a hobby, they have it because they enjoy it and are not involved in their hobby with the goal of making money. In fact, most hobbies…
How Business Owners Can Improve Cash Flow By Thinking Profit First
Entrepreneurs don’t necessarily need to be numbers people in order to succeed: You need drive, passion, the ability and will to follow things through, and the hustler’s spirit that enables…
Don’t Overlook These Essential Small Business Tax Credits
At their core, tax credits are a very particular type of benefit designed to offset the actual tax liability associated with SMBs around the country. This isn’t the same thing…
Is It Better to Have a Tax Credit or a Deduction?
People often say that an expense is “a tax write-off”; most everyone interprets this to mean that the expense will have a tax benefit. Generally, such a benefit takes the…
Protecting Yourself from Scams, ID Theft and Cyber Criminals
As much as the Internet has changed our lives for the good, it has also opened us up to threats from crooks from all over the world. They are smart…
Eldercare Can Be a Medical Deduction
Because people are living longer now than ever before, many individuals are serving as care providers for loved ones (such as parents or spouses) who cannot live independently. Such individuals…