Excess Logic continues reposting articles for startups. We trying to pay your attention how important to e-waste recycling of used electronic and computer equipment to protect the environment. We...
7 Money-Saving Year-End Tax Tips for Small Business
Tax Code & Writing Off Inventory
If your business has an inventory, its value is an important part of your taxable income. Writing off inventory that's damaged, stolen or unsellable can cut your...
Cisco’s $2.25 billion mea culpa
Cisco Systems got greedy. And now it's paying the price. On Tuesday (May 9, 2001), the network-equipment giant provided the grisly details behind its astonishing $2.25 billion...
Startup Cost Tax Deductions – How to Write Off the Expense of Starting Your Business
Did your business incur expenses before you were technically “open for business”? Did you know that you can write off some of these expenses against your business...
7 Top Tax Deductions for Your Small Business
1. New Equipment Some small businesses can write off the full cost of some assets in the year they buy them, rather than capitalizing them -- deducting...
Current vs. Capital Expenses
When you may deduct a given expense depends in part on whether it is considered a current or capital expense. Bonus depreciation. In addition to Section 179, there...