Missouri Tax and Business Blog

This blog focuses on a variety of issues affecting individuals and small businesses. Topics for individuals include taxes, identity theft, security among other relevant issues. Small business owners can see topics about taxes, tax planning, marketing and other business issues/topics.

Our Blog

Posts about Small Business

28 April 2022

Don’t Ignore Household Employee Payroll Tax Rules

In the case of a domestic worker who provides services at your house , you may not know that you have a tax obligation, or maybe you do , but are ignoring it .

David M Robson

Small Business

28 April 2022

Best Accounting Tips for Auto Repair Shops

If you own or manage an auto repair shop, then accounting and bookkeeping are likely pretty low on your list of favorite past times. Unfortunately, tracking revenue and expenses and other financial aspects of your business is absolutely essential to your success.

David M Robson

Small Business

28 April 2022

Why Employee Classification is of Paramount Importance

The issue of employee versus independent contractor has been an important one, but there are other things to consider.

David M Robson

Small Business

27 April 2022

Due Dates for May2022

These are dates that may apply to you and your small business

David M Robson

Small Business

26 April 2022

Writing Off Your Business Start-Up Expenses

New business owners, especially those operating small businesses, may be helped by a tax provision allowing them to deduct up to $5,000 of the start-up expenses and $5,000 of organizational costs in the first year of the business’s operation. These type of expenses not deductible in the first year of the business must be amortized over 15 years. If a taxpayer who incurred start-up expenses does not make the election, the start-up costs must be capitalized, meaning that the expenses can only be recovered upon the termination or disposition of the business.

David M Robson

Small Business