Hello fellow entrepreneurs,

If you have been delaying on your accounting and financial systems, please think again. It's time to get organized and understand your current financial state and compare to prior years. Accounting, finance and operations all work together in a seamless flow. If you have your accounting system in place, this will result in less anxiety, opportunities for investors, understanding of certain trends and will open you up to possibilities of purchasing big ticket...

Lately, I've been looking into the TeeSpring / Tshirt fad exploding on the Internet. Although crowded, I think there's some additional upside left in the tshirt market.

After speaking with several accountants, I've determined that it's probably best to act via another sales platform (amazon, teespring, etc ...) to sell my designs as tax collections could be an issue / requirement.

This (tax collection) applies to other retail / tangible products (and soon digital...

Hey bloggers, affiliate marketers, VAs, and other online biz owners...

* Do you worry that you’re paying too much in income taxes?
* Do you worry that you’re not getting all of the deductions you’re entitled to?
* Do you want to learn how to pay fewer taxes and keep more of your profits?

If you're making money online, you have to report and pay taxes on that income. Uncle Sam is really cracking down on people who earn income online, so you need...

In the second half of 2008, the IRS increased the standard mileage rate to 58.5 cents per mile from 50.5 cents per mile for people who use their personal car for business use. This was in response to skyrocketing gas prices earlier in the year.

Since then, gas prices have dropped dramatically. Prices were as high as $4.10 in some states during the summertime, but have dropped to a national average of $1.90 in this last week in November.

I was wondering how the IRS...