Maximize Deductions For 1099 Contractors
You are or have recently become an independent contractor and now you are trying to figure out what financials you need to record and...
Important 2020 Tax Return Tips!!!!
Most of us would agree that 2020 is a different year and that probably would also apply to filing taxes for 2020.
New Tax Update That Will Affect Your Business!
We have good news and GREAT news for you! Today, we are sharing with you an exciting tax tip that may change the way you do business in...
30 Important Tax Tips You Must Know to Reduce Your Taxes! - #14 Should You Pay Your Kids
Tip #14: Should You Pay Your Kids? When you hire your children, you can get a business tax deduction (for employee wage expense)....
30 Important Tax Tips You Must Know to Reduce Your Taxes! - #13 Should You Pay Yourself
Tip #13: Should You Pay Yourself Now? One of the most common questions business owners ask especially approaching the holiday season. ...
30 Important Tax Tips You Must Know to Reduce Your Taxes! - #11 Missing Out-of-Pocket Expenses
Tip #11: Missing Out-of-Pocket Expenses. When going out for a business trip or to get some supplies for the office, you may have...
30 Important Tax Tips You Must Know to Reduce Your Taxes! - #10 What is Fully Deductible
Tip #10: What is fully deductible, partially deductible, and non-deductible? We all want to maximize our deductions so we can reduce our...
30 Important Tax Tips You Must Know to Reduce Your Taxes! - #9 Missing Credit Card Expenses
Tip #9: Missing Credit Card Expenses. Business credit card expenses is a common mistake that business owners make when they submit their...
The Shocking Truth About Mileage Deductions!
You’re preparing your mileage log to claim auto deductions; however, an inaccurate log will land you an IRS audit.
Buying a Car VS Leasing a Car, Which One Benefits You?
So you're thinking of getting a new car for your business, but should you get a loan to purchase the car or lease the car instead?