Turn Your Home Office Expenses Into Tax Deductions
You likely know that the home-office tax deduction provides tax savings to business owners. It turns otherwise nondeductible personal expenses [...]
New Health Insurance Rules for Small Businesses
Finally, the health insurance rules that apply to small businesses make more sense and allow some benefits. Beginning January 1, [...]
Tax Rules for Deducting Your SUV as a Business Expense
You can reap major tax savings with the heavy vehicle and home-office combo. The heavy vehicle produces quick deductions. The [...]
Which Authority Does the IRS Follow?
As you know, we are on your side. We're bringing this up because we want you to know that if [...]
Buy & Sell Agreement: Protect Your Business
If you are buying a business that will include more than one co-owner, you need a buy-sell agreement—period. You have [...]
Can You Deduct Related Party Losses?
Here’s a tax rule that can make you unhappy. If you sell property to a related party, you may not [...]
Tax Rules on Gambling Winning and Losses
If you gamble periodically, then you need to read this. We want to share with you three basic tax rules [...]
Tax for Legal Marijuana
The legal marijuana industry is booming across the United States. But there are tax problems: since marijuana is still a [...]
Deducting Start Up Costs
Are you planning on starting a new business? This is very exciting, and we want to make sure you maximize [...]
“Tax Protestor Arguments” – Can You Really Avoid Federal Income Tax?
When it comes to tax advice, be careful whom you trust. There is some remarkably bad and wrong and hazardous-to-your-health [...]