business expense deduction

Advertising Cost Tax Deduction

Tax Deductions for Advertising and Promotion Expenses Numerous expenses need to be incurred when running a business. While some of these things make organizations qualified for exceptional expense deductions and…

Dining, Drinking, Merrymaking—Know When Your Entertainment Expenses are Deductible

Dining, Drinking, Merrymaking—Know When Your Entertainment Expenses are Deductible

Business isn’t always about the dull stuff. In fact entertainment is a part and parcel of most businesses, and the good news is that most entertainment expenses are actually deductible….

Four ways to turn home deductions into tax savings

Four ways to turn home deductions into tax savings

Owners of homes must know the tax rules fully so that they can use the deductions to the fullest extent possible. A lot of tax savings can be made from…

Tax Deductions for Independent Contractor or 1099

Tax Deductions for Independent Contractor or 1099

Starting out a consulting business can be very lucrative. However, it can also result in heavy tax bill you do not organize your income and expense properly.   So, how do…