Do You Have to File an Information Return?

If you engaged in certain financial transactions during the calendar year as a small business or self-employed (individual), you are most likely required to file an information return to the IRS. Below are some of the transactions that you have to report. Services...

To Lease or to Buy — That Is the Question

Businesses looking to acquire assets in the most cost-effective way must weigh the pros and cons of leasing versus buying. Small businesses, especially, often favor leasing equipment as an alternative financing arrangement to acquire the use of assets without having...