Bruce Bentley

Mark Chapman, director of tax communications at H&R Block, shares his top three tips for retailers looking to prepare for tax time. As the tax year ends, it's time to take steps to minimize the tax liability for your retail business. Here are my top tips for year-end tax planning: Take advantage of the temporary full allowance One of the best tax breaks for businesses is a temporary full expense allowance. This means you can get an instant tax deduction on the cost of capital assets. With many companies offering end of year specials, now is the ideal time of year for companies to take advantage of the benefits of acquiring some much-needed assets to build your business while lowering your taxable profits. The tax break offers an immediate deduction of all investments from your annual profits. There's no cap on the cost of assets you can purchase, and if your business has sales of less than $ 5 billion, you're included. The temporary full allowance runs until June 30...

  TipRanks 3 “Strong Buy” stocks under $ 10 that are about to launch COVID Is Declining And Markets Are Rising; These are the two trends that investors have most on their mind right now. It is perfectly reasonable for them to go together. With the economy reopening, money will circulate faster - and find its way into the stock market. With economic conditions improving, investors are looking for the best returns in an expansive environment. A natural place for them: the small-caps market. While big names hit the headlines, the small-cap stocks offer the highest returns. With that in mind, we used the TipRanks database to find three stocks that have a growth profile under the current conditions. We found three under $ 700 million worth of small-cap stocks in Strong Buy trading under $ 10. Not to mention significant upside potential. Shift Technologies (SFT) Not least among the changes we saw during the pandemic year was the major shift towards online business and e-commerce. Shift...