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About Us » Writers » Mark E. Battersby
Mark E. Battersby
Mark E. Battersby is a freelance writer with offices in the suburban Philadelphia community of Ardmore, PA. Mark's features, columns and reports have appeared in leading trade magazines and professional journals since the early 1980s.

With a son and daughter in college, when not at his computer, Mark spends most of his time digging for exciting tax and financial strategies to write about.

Email Mark E. Battersby

Articles by Mark E. Battersby
Legitimately Reducing Business Vehicle Costs

When it comes to the expense of using a car, van, pickup or panel truck for business purposes, they can be deducted by the operation as 'transportation" expenses.

May 2014 (Vol. 83, No. 9)
New Rules to Impact the Lease/Buy Decision

Whether to buy or lease is a question facing many small-scale operators and prospectors even as credit becomes more readily available. While there is no one correct answer that fits every mining operation or business, compared to the simplicity of buying, leasing is far more complicated and may be getting more complex.

September 2014 (Vol. 84, No. 1)
Over the Fiscal Cliff for Tax Savings

The so-called “Fiscal Cliff” tax package recently passed by Congress and signed into law renewed more than 50 temporary tax breaks through 2013, saving individuals and businesses about $76 billion.

February 2013 (Vol. 82. No. 6)
Home Office Deductions

The Internal Revenue Service recently announced (IR-2013-5) a new, simplified option for those who use a home office, which would apply to owners of home-based mining or prospecting operations and businesses.

May 2013 (Vol. 82, No. 9)
Targeted for a Tax Audit

Although the risk of a federal tax audit remains low, thanks to the Internal Revenue Service’s secret audit selection process every prospector, miner, and mining-related business owner has good reason to fear an audit, but only if they are not prepared.

February 2012 (Vol. 81, No. 6)
Safety With a Tax Deduction

As an employer, every mining operation, large or small, is responsible for protecting the safety and health of its employees. Safety is also good business. An effective safety and health program can save $4 to $6 for every $1 invested. It’s the right thing to do, and doing it right pays off in lower costs, increased productivity, and higher employee morale.

April 2012 (Vol. 81, No. 8)
Repair / Replace Tax Rule Changes

In an effort to resolve the controversy over whether certain expenditures made by a mining operation or mining-related business are currently deductible as repair expenses...the Internal Revenue Service has finally released new regulations.

June 2012 (Vol. 81, No. 10)
Financing by the Crowd

While a great many questions remain unanswered, there is little doubt that a new financing option for small-scale mining operations, “crowdfunding,” is growing as a viable and legitimate funding source.

September 2012 (Vol. 82, No. 1)
Mining, Health Care & Taxes

Like it or not, the US Supreme Court has ruled and the so-called “Affordable Care Act” (ACA) is now the law of the land—and the Tax Code. What’s more, despite the promises of many politicians to repeal it, it may be around in some form for years to come.

November 2012 (Vol. 82, No. 3)
The Business of Mining: Unlimited Possibilities With LLCs

Once all of the pros and cons are considered, many miners and prospectors have discovered the so-called “Limited Liability Company” is the most profitable operating entity for their venture.

January 2011 (Vol. 80, No. 5)
Deductions: Get 'Em While You Can

...miners, prospectors and mining related businesses are discovering that capital investments in equipment, machinery and other business assets are more affordable today than ever before.

September 2011 (Vol. 81, No. 1)
The Business of Mining—Tradeshow Deductions

Although the costs of meals and lodging while away from home for business travel or attending meetings, conventions and tradeshows is deductible...

January 2010 (Vol. 79, No. 5)
Fix or Replace, Depreciate or Write-Off

In today’s economy, the question is often not whether to fix or replace equipment, fixtures, business assets or even the building housing the mining operation or mining-related business, it is which path is affordable.

June 2010 (Vol. 79, No. 10)
Taxes, Numbers & Mining

The first step to finding the right tax professional requires an inventory of what you and your prospecting or mining operation actually need in the way of services and advice and, most importantly, how much you can afford to pay for that advice or service.

July 2010 (Vol. 79, No. 11)
Check The Box For Tax Savings

...an entity that is a partnership or limited liability company under the laws of the state in which it is formed may elect to be taxed as a regular C-corporation or as an S-corporation under the check-the-box rules.

November 2010 (Vol. 80, No. 3)
Stimulus Package Provides Potential Tax Savings For Miners

The American Recovery and Reinvestment Act of 2009, a nearly $800 billion stimulus package, includes nearly $300 billion in potential tax savings. Every prospector, miner and mining operator can share in over $75 billion in tax benefits for 2009 and 2010.

April 2009 (Vol. 78, No. 8)
The Business of Mining—Home Office Tax Deduction

It is not just a few small-scale prospectors who use a home office. An increasing number of miners, prospectors, and mining-related business owners are operating at least a portion of their business from a home office.

November 2009 (Vol 79, No. 3)
New Tax Considerations For Your Mining Business

The recently passed Economic Stimulus Package of 2008 is a $168-billion economic “rescue” package that includes rebates for taxpayers and tax breaks for businesses. At the heart of the package are tax rebates, scheduled to be distributed beginning in early May. The tax breaks for small-scale mining operations and businesses are retroactive to the beginning of 2008.

March 2008 (Vol.77, No. 7)
The Business Of Mining: Profits, Losses, Hobbies and Businesses

Everyone can deduct all of the ordinary and necessary expenses of conducting a trade or business. But how can anyone hope to refute the IRS’s labeling of their activity as a hobby or, probably more importantly, hope to achieve the label of a tax business?

November 2008 (Vol. 78, No. 3)
Saved Before the Tax Bell Tolled

The owners of many prospecting, dredging and mining operations may be missing a number of newly extended and expanded tax breaks under the false impressions that they expired. Other tax breaks that may have been overlooked in the past have now been clarified thanks to the last-minute passage of a new tax law.

February 2007 (Vol. 76, No.6)
The Business of Mining—Family Mining Business Tax Savings

There has been much said and written about nepotism, especially in government and business. There is, however, no written rule that would prevent any miner or prospector from hiring a spouse, children or other family members in the prospecting, mining or dredging business. There may even be tax advantages associated with that nepotism.

April 2007 (Vol. 76, No.8)
The Business of Mines—Consider Your Tax Deductions Now

Uncle Sam, the not-so-silent partner of every miner, dredger and prospector is willing, using our tax laws, to help reduce out-of-pocket expenditures necessary to acquire business assets and property. In addition to the well-known depreciation deduction, however, the tax laws permit tax write-offs for other, less tangible business assets. The best time to explore and lock-in many of these overlooked and misunderstood deductions is now, well before the end of the tax year.

May 2007 (Vol.76, No.9)
The Business of Mining—The Benefits of an S Corporation

Imagine the liability protection of a corporation and the pass-through tax benefits of a partnership in one entity for your mining or prospecting operation.

November 2007 (Vol. 77, No. 3)
Rent, Lease, or Own Your Equipment

Today, renting, leasing, financing and outright purchasing are simply tools of the trade for many financial professionals.

January 2006 (Vol. 75, No. 5)
The Business of Mining: Financial Recoveries for Mandated Changes

True independence is rare among prospectors and miners. There is always someone or some agency that is telling the small-scale miner or prospector how to operate or requiring changes in their operations.

April 2006 (Vol. 75, No. 8)
The Business of Mining: Swap, Trade, or Exchange

With property values trending upward over the past several years, many owners who purchased their businesses years ago are now discovering that the building housing the mining operation or supply business is the most valuable part of their business.

November 2006 (Vol. 76, No. 3)
The Business of Mining: Cars, Trucks and Tax Deductions

Most importantly, self-employed miners, prospectors or employees (even of their own mining-related business) who own or lease an automobile, can utilize the standard rate so long as they operate only one car at a time for business purposes.

December 2006 (Vol. 76, No. 4)
Miners: Plan Ahead for Next Year's Taxes

Many well-equipped prospecting or mining operations, those with adequate, up-to-date equipment, have discovered a secret: Uncle Sam, in the form of our tax laws, is eager to pick-up a portion of the tab for acquiring and modernizing the equipment necessary to operate a successful mining operation business.

May 2005 (Vol. 74, No.9)
The Safety in Tax Deductions for Safety

The not-so-silent partner of every small or large mining operation and business, Uncle Sam, has quite a bit to say about how safe the operation should be and how it should operate safely. Although the government rarely funds the rules and regulations that businesses are required to comply with, some relief can often be found in our tax laws.

July 2005 (Vol. 74, No. 11)