Monthly Archives: October 2013

That Kid on Your Street; Punk or Entrepreneur?

When I was growing up, we lived on a dead-end street. People came out of their houses to play right after Saturday morning cartoons. We bolted outside and saw other neighborhood kids playing with stuff in their yards. Naturally, we’d … Continue reading

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Tax Credits for Social Good

Congress passes many different types of legislation that are intended to affect social behavior. Have a child and they’ll give you a personal exemption and a tax credit. Put up an ADA ramp for your business and take another credit. … Continue reading

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Property Exchanges for Profit

As long ago as 1921, Congress had the foresight to enable tax-free exchanges of property to enhance business opportunities. That early law didn’t quite work out the way it was intended and changes came quickly, then steadily over the years … Continue reading

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Can I report a business loss?

Anyone who goes into business, in general, wants to make money. But sometimes, we’ll have a bad year or have to lay out a lot of cash for repairs, upgrades or other expenses that can put our income statement in … Continue reading

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