Also known as a tax write-off, it is an expense that you can remove from the taxable income. The idea is to lower your tax bills; however, such deductions need to meet the criteria...
Posted by Taxes Made EZ Inc on 09/10/2021
Reporting financial statements is an art in itself and not just a routine process. There is a whole philosophy behind it all.The business environment has become more uncertain in recent...
Posted by James Financial Services Inc on 09/10/2021
A small business owner will need to buy essential business equipment, vehicles and gadgets over time. However, deducting such expenses for tax is not a straightforward decision due...
Posted by Dennis Jao on 08/30/2021
The CARES (Coronavirus Aid, Relief, and Economic Security) Act establishes many major loan and tax exemption programs to help tribal-owned businesses stay afloat and retain their employees...
Posted by Jim McClaflin, EA, NTPI Fellow on 08/15/2021
Managing a risky business can be a daunting task. Now add task issues to managing a risky business, then it becomes very tedious to deal with. Taxpayers must understand when and...
Posted by Daniel P Vigilante CPA and Profit Consultants on 08/15/2021
The summer months are always busy as it is a time to unwind and enjoy a much-needed break. However, while on your vacation, you also want to keep a keen eye on your income taxes because...
Posted by James Financial Services Inc on 08/06/2021
Starting a business in the United States as a foreigner can be a tad difficult, but the country makes it very easy to register your business and start a business. Learning English...
Posted by KLSM CPA Firm PLLC on 08/06/2021
Legal expenditures are acquired by people who are not deductible when classified in the federal income tax laws. Instead, they are seen as either non-deductible personal expenses or...
Posted by Dennis Jao on 08/06/2021
Do you have a small business? You can take advantage of these ten deductions to reduce your taxable income. The legal reduction in taxable income isn't as thrilling as winning...
Posted by Rosovich & Associates, Inc. on 07/31/2021
