If you're a savvy entrepreneur or a small business owner running two businesses simultaneously, you're likely looking for ways to maximize your tax deductions. Fortunately,...
A business may use the term "per diem" to describe a type of work or a method of budgeting certain business expenses. Employers and employees can find many benefits to using...
Posted by Jim McClaflin, EA, NTPI Fellow, CTRC on 01/31/2022
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
Many people frown at the idea of sending their hard-earned dollars to Uncle Sam. So, to cushion the effect of taxes, Uncle Sam provided some relief in form of tax deductions and credit...
Posted by Rosovich & Associates, Inc. on 07/06/2021
One of the things that occupies most of a businessman’s time when it is time to file taxes is how much legitimate tax deductions they can make. Next to saving you some extra...
The IRS permits the use of per diem rates (which means "for each day" or "daily rate" in Latin) to facilitate reimbursement for employers and employees. Per-diem...
Are you tired of watching a significant chunk of your hard-earned money disappear into the abyss of taxes every year? If you're self-employed, an entrepreneur, or a freelancer,...
Posted by True Tax Service on 09/17/2023
Tax is an unnecessary source of stress for small business owners. This is not surprising as many business owners have many things to worry about, and adding the complexity of preparing...
Posted by CORE PERFORMANCE on 07/23/2021
The advantages of being a self-employed or independent contractor are numerous. You have the freedom and flexibility to do your job, and it's also a great way to start your own...