Tax Implications Of Becoming a US Resident / Citizen

Are you planning to get a US Citizen or Stay in the United States?  Are you planning to invite your parents to the United States?  These are very important decision…

Documents and Agreements Used In Day-to-Day Business Transactions

If you are a new entrepreneur, you probably have very little idea about the types of documents and agreements that your company needs in its day-to-day transactions. These contracts are…

Why You Ought to Think Twice About Ignoring Your Jury Summons

Each of us has precisely 24 hours per day, regardless of our circumstances in life. We have equal time to do the things we need to do daily, like eat,…

Treatment of Transportation Expenses When Not Traveling Away from Tax Home

When you ride a cab or get in your own car to do business somewhere, have you ever thought of your transportation costs and how much of it you can…

Meal Expenses: How Much Can You Deduct?

Treating your customers and employees occasionally is one of the best ways to build your business. Going the extra mile to make them feel valued goes a long way, although…

Where is Your Tax Home?

If your job requires you to travel from time to time, some of the expenses that you incur while traveling away from home may be entitled to tax deductions. In…

Bookkeeping and Accounting for Starters

At the outset, startups and new businesses have to operate with limited resources, sometimes making difficult choices between operational outlays and administrative needs. However, no matter how strapped you are…

Getting Started with Your Very Own Business Venture

A great start-up business always starts out as an idea, but you have to transform that idea into action. That’s where many individuals can start to feel overwhelmed. It’s understandable…

Know What Kind of Documents are Needed When Claiming Business Travel Expenses

It is clear that taxpayers can deduct regular travel expenses when the trip is entirely business related. Additionally, if the taxpayer is on a domestic business trip and made personal…

Visiting Your Dream Destination While Winning the Audit: Here’s How You Do It

Taking a trip to the destination of your dreams sounds fun, but nothing is more fun that taking a trip while winning the resulting audit at the same time. Yes,…