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1 day ago
How to Deduct Local Transportation Costs for Your Small Business
Deduct travel between business sites but not commuting. Self-employed can claim costs now; employees must wait until 2026, pending tax law.

Jan 15
When Can You Deduct Business Meals and Entertainment?
Business party food & beverages may be 100% tax-deductible! Learn the rules for deducting business meals and entertainment expenses.

Dec 10, 2024
Maximizing Tax Deductions for Business Travel: A Guide for Business Owners
Deduct business travel costs like transport, lodging, and meals (50%) if necessary, reasonable, and documented. Rules vary; get advice!

Nov 7, 2024
Deducting Vehicle-Related Expenses: What You Need to Know
TCJA limits vehicle deductions however, self-employed CAN claim work miles, while others can only claim medical, charity, & military moves.

Oct 9, 2024
Lower your Tax Bill with Year-End Tax Strategies
Plan tax-saving strategies for 2024. Maximize deductions, delay income, contribute to retirement, and donate smartly from IRAs.

Oct 8, 2024
Home Office Tax Deductions
Remote work is on the rise. Self-employed? You may qualify for tax deductions if you use your home office regularly and exclusively.


Sep 10, 2024
Year-End Tax Planning
The end of the year is fastly approaching. Here are some strategies business owners can adopt to reduce their tax bill.

Jul 10, 2024
When do Valuable Gifts to Charity Require an Appraisal?
If you donate valuable items to charity and wish to claim a tax deduction, you may need a gift appraisal. Here's what you need to know.

Jul 2, 2024
Selling an Appreciated Vacation Home - Tax Scenarios
Owning a home that has increased in value is typically beneficial. However, the federal income taxes owed from the sale can be complex.


Apr 17, 2024
Keys to Less Painful IRS Audits - With Case Study
Thorough record-keeping and legitimate business expenditures are very important for less painful IRS audits.


Apr 8, 2024
Tax Rules for Vacation Rental Properties
Are you purchasing a vacation rental house or already own one? You might be curious about the tax implications of renting it out.

Mar 14, 2024
Take a Business Trip with your Spouse? Here’s What you Should Know about the Business Expense Write Off
As a traveling business owner with your spouse, you may consider claiming your travel expense as deductions. Discover what is deductible.

Mar 7, 2024
Build a Tax Favored Retirement with an IRA
Do you have a traditional or Roth IRA? Did you know your contributions can be used as a tax deduction? Learn how.

Feb 12, 2024
Donate to Charity Last Year? Support your Tax Claims with the Proper Documents
Did you donate to charity last year? Make sure you have the proper documentation in order to submit along with your returns.

Jan 22, 2024
Claiming Medical Expenses as Tax Deductions
Some of your medical expenses will be deductible on this year's federal income tax return. But did you know you could claim more? Read more.

Dec 7, 2023
Reduce your 2023 Tax Bill in these 4 Ways
If you’re concerned about your 2023 tax bill, here are four quick strategies that may help you trim your taxes before year end.

Oct 25, 2023
Business Vehicles & the Tax Depreciation Rules
If you operate a business vehicle, you may wonder how depreciation tax deductions are determined. Read to understand more on how to deduct.

Oct 20, 2023
Casualty Loss Tax Deductions
Before the TCJA, eligible casualty loss victims could claim a deduction on their tax returns; however now, there are restrictions. Read More

Oct 11, 2023
Non-Deductible Business Expenses - Expenses that CAN'T be Written Off
To deduct business expenses on your tax returns, your expenses must be ordinary, necessary, and reasonable.
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