How to Deduct Home Office Expenses
You likely know that the home-office tax deduction provides tax savings to business owners. It turns otherwise nondeductible personal expenses [...]
Corporate Vehicle in Personal Name
You may be thinking of buying a new or replacement vehicle. This brings up some tax issues to consider. First, [...]
Tax Savings for Rewarding Your Employees
There’s really nothing more valuable to a business than good employees, particularly those who stick with you for years and [...]
Tax Savings Plan for Your Child’s College Education
Funding your retirement and paying your child’s college education are two of the biggest financial challenges you’ll face in your [...]
Business Mileage Deduction
When it comes to your tax records, there’s one record that you really should keep, and it’s easily overlooked. It’s [...]
Buying a Business? Tax Planning for Noncompete Agreement
When you buy a business, you probably don’t want the former owners competing with you—at least not for a while. [...]
IRS to Limit Passport for Unpaid Taxes
As you know, whether traveling for business or pleasure, you need a valid passport for most trips outside the United [...]
Offer in Compromise
Do you owe Uncle Sam more than you can pay? Perhaps for this tax year, prior tax years, or a combination [...]
Renting Your Home to a Corporation
Here are answers to six questions I’ve gotten about the big tax benefits of renting your personal residence to your [...]
Forming an LLC
When you form an LLC, you need to draft articles of organization that comply with the state’s LLC act and [...]