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…

Tax Deduction Strategies for Small Businesses

Tax Deduction Strategies for Small Businesses

As a small business owner, you can utilize a proactive approach and seize all opportunities available for conducting tax deductions as provided for under the law. Overlooking certain crucial write-offs…

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…

Business Ttools

Business Ttools

Business Owner Articles Benefits and retirement plans Benefit plans for small businesses Disability income insurance for the self-employed Group health insurance: a valued employee benefit Group term life insurance Health…

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…

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,…

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,…

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…

Board Meeting Deduction

Board Meeting Deduction

Board Meeting Deduction The expenses related to the working of a board of directors are evidently termed as ordinary and necessary expenditure of conducting business as per Income Tax rules…

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…