CORPORATE TAX RETURNS DUE MONDAY 03/15/04
If you are like most small business corporations, you waited until the last minute to do tax planning, if any. Let this be your lesson. Before you forget the sting of Uncle Sam, you know, your other business partner, do the following to plan for next year:
1. Meet with your accountant two to four times per year to plan. Go ahead set the appointments now!
2. Take advantage of Section 179. With the increase of this benefit, you can deduct up to $100k in expenditures. Maybe you?ll need a few more computers before year end?
3. Start a SEP or other qualified retirement plan. You don?t have to fund it until later, but be sure you have one set up so you can.
4. Keep track of your expenses when they happen. An extra minute, might save you hours in the future trying to reconstruct your actions.
SMALL BIZ OPTIMISM CONTINUES TO BE HIGH
The Small Business Optimism Index continues its 10-month string of ?high? ratings says National Federation of Independent Business, publisher of the survey. Although slippage occurred from January to February in key areas such as employment and expectations of increasing capital outlay, most experts agree that the blistering pace of the last two months would be hard to match. Much of the gains are attributed to the 6.1 percent increase in GDP in the second half of 2003 as a result of the Bush tax cuts.
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NATIONAL SMALL BUSINESS WEEK COMING MAY 19-21, 2004
The annual celebration honoring the nation?s leading small business entrepreneurs will be held in Orlando, Fla., May 19-21, 2004, at the Orange County Convention Center. Interested small business owners, business organizations, and other individuals may now register for SBA Expo ?04 events online at www.sba.gov/50.
INTERNET EXPLORER STILL DOMINATES
According to OneStat, a Dutch company that monitors global browser usage, almost 95 percent of all Internet surfers use Microsoft?s Internet Explorer. The remainder is spread among several other browsers.
Netscape is NOT considered one of the others. In fact, their market share is so small now, they didn?t even make the list. I guess that was not one of AOL?s better business buys.
Some of the more well known alternatives include: Mozilla (downloadable for free at www.mozilla.com), Opera (also available for free at www.opera.com) and Safari.
WHAT IS SMALLBIZ BITS
SmallBiZ Bits is a quick list of some of the more interesting stories, which may affect your small biz.