Too often Idaho businesses get trapped into equating sales with profits. Yet there are many other ways you can dramatically increase your profitability. Underpricing Kills Profits Many small Idaho businesses have thinner profit margins than larger firms because they...read more
Whether you work for yourself as an Idaho business, or as an employee, reducing your tax liability is crucial for your financial success. Massage therapists in Idaho can take advantage of several tax deductions. Supplies Supplies like massage tables, towels, oils,...read more
Here’s a good Idaho business rule to follow: buy low and sell high. That’s good, but the three-step process below is even better: Buy low. Depreciate to zero. Sell high. And you can accomplish this by using antiques in your Idaho business. If you can purchase antiques...read more
As you know, whether traveling for your Idaho business or pleasure, you need a valid passport for most trips outside the United States. These days, you even need a passport to fly to and from Canada or Mexico. US citizens and residents are now finding out the heavy...read more
The new tax reform put the screws to your Idaho state and local income tax deductions. Many states including Idaho have been putting together workarounds with little success. But now the IRS is creating regulations to put the kibosh on your state’s creative plans. In...read more
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