Many business-related meals or entertainment expenses are fully or partially deductible.
Paying your children to help out around the office is a good way to get them involved in your business.
Quarterly estimated tax payments must amount to either 90% of the current year's tax obligation or 100% of the previous year's.
If you hire your spouse, even part time, you can deduct the cost of health insurance offered as a benefit. --Howard Scott is a business writer and small business tax preparer in Pembroke, Mass.
If you need to reduce taxes, Section 179 can be a useful tool.
