(1) Use your bank credit card to pay year end deductible expenses; for transactions with a bank credit card, you take the deductionin the year that the item was charged, even if you pay the bill next year.(2) Remember the rules for substantiating charitable contributionsas you do your year-end giving.Starting this year, donors are required…
Each Friday, I open the brag basket as a fun place to brag or promote yourself and your projects. Last week, LizaJne bragged on her pink Christmas tree. Jeanne “OkieJ” Cole learned to brag via Jott! Twitter Buddies chimed in, too. CathleenRitt has a new book coming out, Dave LaMorte is graduating on time, and…
Every small business person has to face up to it: keeping financial records. Most of us would do anything to avoid having to set up an accounting system! Here’s my simple rule: Don’t track anything you don’t have to. Do track data that helps you make better decisions. Do meet all legal requirements. If you…
Friend Shama Hyder passed along a tip on WinWeb.com online office solution. The accounting modules are free, and the “online infrastructure” services start at $19.95 per month. Trying the free module paired with the 30 day trail should give you a chance to try it out before laying out any cash. Hyder has written an…
Today is your last chance to enter our Nano giveaway. We’re teaming with goWholesale to give an Apple iPod Nano to the person who gives the best tip on using the web to source products for your business. To enter, just go back to our original post, and leave a comment with your tip! Check…
The IRS mileage rate is going up 2¢, to 50½¢ for 2008. Parking fees and tolls are deductible also, but fuel and repair costs are notas these items are reflected in the standard mileage rate.
The One Laptop Per Child program makes a lot of sense globally. I have stood in remote rural African villages, and I have talked with Herera and Masubya people about their educational opportunities. I think this project is a very positive step that can fit with their own current work to improve their lives. To…
It’s brag basket day, I am learning new techno things this week including how to blog via mycell phone. You may never shut me up again. listen Powered by Jott
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