Tag Archives: business

Business Auto Expenses

Business Auto Expenses

The question came up today as I was meeting with a new client about automobile expenses. The business owner has the option of either deducting the actual automobile expenses used for the business or using a standard mileage rate. Because automobiles can be used for both personal and business purposes, the IRS terms these vehicles […]

Starting a Business

Starting a Business

The Purpose of a Business Plan A business plan is a written document created to detail all aspects of a business on a comprehensive level. Many banks and investors require a written business plan before lending to, or investing in, a business. Executive Summary The executive summary is a summary of the entire plan. It […]