Business Topics This section includes frequently encountered topics relating to small businesses. It discusses business deductions, how to avoid underpayment penalties, 1099s and much more. Tax Credits for Small Employers Offering Health Coverage What Happens When I Default on a Business Loan? When 1099s Must Be Filed New Penalties for Failure to File or Furnish Information Returns Avoiding Underpayment Penalties Looking for Business Tax Deductions? Look No Further Than Your Business Vehicle! Mixing Business With Pleasure Self-Employed Education Twists Employing a Family Member Health Insurance for the Self-Employed Health Savings Accounts Offer Tax Breaks Using Home Equity for Business Needs Thinking About Incorporating? Protecting Yourself Against "Internet Viruses" Which is Best - Keogh or SEP? Leave Your Business to Your Family - Not the Government Lodging Expense Requires Substantiation Luxury Car Rules May Limit Vehicle Write-Offs Keep Track of Meal & Entertainment Expenses Start-Up and Organizational Costs Special Rules for Business Use of SUVs Preparing for an Unexpected Disaster When Business Property Must Be Depreciated Do You Need a Business Plan? Is It a Business or Hobby? Don’t Overlook Form 8594 When Buying or Selling a Business Are Big-Name Customers Good for Your Business? Planning - The Key to Business Success Self-Employed Pension Plan Contribution Limits Starting Up a Pension Plan – You May Get a Tax Credit! Spouses May Elect Out of Partnership Rules Employee or Independent Contractor? Are Employee Background Checks Right for You? Watch Out For Payroll Outsourcing Hazards Employer’s Federal Recordkeeping Requirements Employee Incentive Awards are Taxable Fringes Reasonable Compensation Domestic Production Deduction Can You Write Off a Bad Debt? Unique Expense Issues Marketing and Advertising Expenses Home Office Expenses of a Small Business Organized as a Corporation Law Allows Faster Write-Off of Business Assets
