Good Reads: CNN Money on Taxes & Credit Cards

I tweeted these CNN Money articles, but think they're important enough to you business owners that I'm reposting and emailing these two links.

1. Did you lose money in 2009?

You might be able to take advantage of a new tax rule that will let you carry the loss back to PREVIOUS years. Basically, this could allow you to get a tax refund for years past, to use to grow your business this year. Ask your CPA about it!

Read the Article: Lost Money? Score a Whopping Tax Refund 

2. About those credit card regulations.

I've long been calling those too-little too-late laws a toothless German shepard. We are NOT being protected from the evil empire by the credit card "reform" laws. But just in case you thought those laws actually applied to you, here's more proof that they do not, as small business credit cards are not included in the consumer protection laws.

Read the Article: Credit Card Rules' Double Standard

Taxes and credit cards are not my favorite topics, but if you can get some money back in your pocket from implementing article #1, it might help make up for the fact that credit card companies are trying to grab your cash. 

Comments

[Missy Stewart]

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