Items Tagged with 'The Hoof-Care Bottom Line'

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The Hoof-Care Bottom Line

Don’t Overlook These Tax Deductions

Make sure you limit the taxes paid by determining the personal and business deductions you are allowed.
It is no surprise to any working farrier that the daily costs of running a footcare practice will amount to enormous yearly expenses. The United States’ Internal Revenue Service (IRS) recognizes that running a business can be expensive, and allows deductions of business expenses on income tax returns.
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The Hoof-Care Bottom Line

Organize Your Expenses To Help Your Business

A yearlong categorization of expenses related to your footcare practice will benefit you in preparation for determining income tax
The end of the year is a great time to review your business operations. A critical part of this is tax preparation for your hoof-care practice. How prepared are you for reporting your business expenses?
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The Hoof-Care Bottom Line

Protecting Your Own Feet During Your Hoof-Care Day

Protective footwear for farriers makes sense, but only if it’s up to the job
Your hoof-care business can't prosper if you're out of work. And as a farrier, you can count on this: At some point, at least one horse will step on your toes or stomp on your foot.
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The Hoof-Care Bottom Line

Of Externs, Interns, Apprentices and Independent Contractors

If you have someone helping you in your farrier business, it’s important to know whether or not they’re also your employee
Many farrier business owners utilize novice farriers, apprentices and other interested individuals to help with day-to-day tasks such as loading and unloading tools, clean-up and finishing feet. But you need to be aware that a person being utilized in this manner may very well be an employee, entitled to employee benefits.
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The Hoof-Care Bottom Line

Making Sure Your Rig Is Legal

Ensuring your truck or truck-and-trailer combination has proper federal and state operating authority can save you from tickets
Recently, federal and state agencies have been increasing the number of traffic stops on pick up trucks and pick up truck-trailer combinations.
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