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Steer Clear of Trouble

Digital Library > Acquiring and Managing Finances > Business expenses “Steer Clear of Trouble” The Internal Revenue Service authorizes two methods for figuring deductions: actual expenses or a standard mileage rate. Businesses that select the "actual expenses" method can deduct gasoline, oil, tires, repairs, license tags, registration fees, insurance, garage rent, leasing charges and depreciation. However, not all operating costs…

Do the Right Thing

Digital Library > Building and Inspiring an Organization > Ethics “Do the Right Thing” With business moving at a rapid pace, ethical dilemmas will arise at a faster rate — ranging from the able-bodied trying to get a handicapped sticker for easy parking to insider trading. At a recent ethics seminar for Chartered Property Casualty Underwriter (CPCU), Marsha Egan, a…

Year-Round Tax Help

Digital Library > Legal Issues and Taxes > Taxes “Year-Round Tax Help” Hot off the Internal Revenue Service press: "Small Business Resource Guide — CD2000," a one-stop source of easy-to-access federal tax and regulatory information. The CD contains business tax forms, instructions, IRS publications, and information on how to prepare a business plan and find financing. The CD also offers…

More Tales From the New Economy

Digital Library > Defining and Serving a Market > Target marketing “More Tales From the New Economy” Entrepreneurs speak out on the changing nature of their businesses: Used Musical Instrument Store: "eBay, Harmony Central, Musician’s Friend and other Internet auction sites have hurt us. There still are those customers that must feel and play before buying, and we obviously cater…