Navigating Murky Waters: Tax Challenges for Home-Based Businesses | Part Six

Published July 26, 2023 Table of Contents Recap In the last post, we discussed the complexities and challenges of self-employment taxes. The article provided an overview of the key obligations involved in self-employment taxes, including the calculation and payment process, as well as strategies to manage tax liabilities effectively. It emphasized that self-employed individuals are […]

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Navigating Murky Waters: Tax Challenges for Home-Based Businesses | Part Six

What is Market Demand?

Published July 25, 2023 – Market demand refers to the total amount of a product or service that consumers are willing and able to purchase at a given price and within a specific time period. It is a fundamental concept in economics and plays a crucial role in shaping business strategies, product development, and overall […]

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What is Market Demand?

The Path to Success for Independent Retailers: Leveraging SBA Resources | Independent Retailer Month

Published July 25, 2023 – 2023 brings exciting opportunities for the retail community, as the industry continues to thrive after the COVID-19 pandemic. The National Retail Federation predicts positive retail sales figures, not just for big box chains but also for independent retailers. In celebration of Independent Retailer Month, this blog post explores how aspiring […]

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The Path to Success for Independent Retailers: Leveraging SBA Resources | Independent Retailer Month

Navigating Murky Waters: Tax Challenges for Home-Based Businesses | Part Five

Published July 25, 2023 Table of Contents Recap In the last article, we provided a recap of deductible expenses for home-based businesses and offered best practices for record-keeping. We explained that expenses exclusively for the home office, such as office furniture, could be fully deducted, allowing business owners to indulge in guilt-free shopping. However, luxury […]

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Navigating Murky Waters: Tax Challenges for Home-Based Businesses | Part Five