Thinking About Becoming An Enrolled Agent ?

 Do you want to be called a tax expert? Is it your goal to represent taxpayers before the IRS? Do you desire to be respected as a professional?  If so,…

Ten Recordkeeping Rules and Five Bonus Tips in Claiming Travel Expense

Good recordkeeping may not be in the list of business secrets of successful entrepreneurs. But for the company’s accountant or bookkeeper, it is very important.  It can significantly reduce the…

How to Get Reimbursed for Tips and Other Incidental Expenses During a Business Trip

Traveling for business has a lot of perks. It may mean spending some time away from the office and dealing with a lot of tasks as a result, but for…

How Freelancers Can Write Off their Business Travel Expenses

While there are many risks of being a freelancer, it cannot be denied that there are plenty of benefits, too. One advantage of being self-employed is that you can make…

Deducting Your Trip To India – Detailed Business Expense Guide

Suppose that you have just arrived from a two week trip to Europe, where you were able to close some deals while visiting some old friends. You’re so happy not…

Dealing with IRS and other Tax Audits

It’s one of those fears that bog the minds of rich people and even ordinary taxpayers—getting audited by the IRS. But what are the chances that you’ll be audited by…

Tax Deduction: Entertainment for Customers and Clients

Tax Deduction: Entertainment for Customers and Clients

A crucial part of business is building and nurturing relationships with clients. While doing this, the business owners meet clients, customers and business partners during social events and occasions. The…

tax shelter for business

Tax Shelter Ideas

Tax Shelter Ideas for Small Business Owners In general, a tax shelter refers to a program which allows business enterprises or individuals to either defer or reduce payment of income…

Business Travellers Tax Deductions

Business Travellers Tax Deductions

You might be surprised at some of the business expenses that are tax deductible for business travelers. It is important that you keep proper records and receipts. Handwritten notes are…

Tips to Maximize Tax Savings

Tips to Maximize Tax Savings

You may be working hard and earning big money but what is the use when you have not planned your taxes properly? Not planning for tax payments is as good…