Businesses as a whole whether big or small must fulfil the obligations to pay tax which is a civil duty too. However, before a business start paying tax, it must first be registered with Corporate Affairs Commission (CAC) to have a legal identity. In this article, you will be learning why all businesses need to ….  Read More

Owning your own business would always be a good thing, many times it would have its ups and downs just like some other things in our lives. The truth is that many small business owners at various points are prone to making mistakes. I mean mistakes are part of life, right? Here are five mistakes ….  Read More

Practically every small business has receivables that it cannot obtain from clients. If your small business doesn’t have any such receivables, consider yourself lucky. For those small businesses that suffer from uncollected receivables, solace can be taken from the fact you can claim a tax deduction. Bad Debt Tax Deduction A small business can write-off ….  Read More

Estate planning means developing a plan to transfer your property to the next generation with minimal tax exposure. It involves determining how your assets will be preserved, managed, and distributed after death or if you become incapacitated. Estate planning often involves the use of a will. A will, is a document, usually in writing, designating ….  Read More