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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 also important to keep track of the reason for the expense, name of th...

A Guide on Business Conventions: Why Professionals Should Take Part in One

In the age of social media where everyone can share information in a few clicks, some professionals may think they no longer have to attend an industry conference or seminar.While social media channels, LinkedIn in particular, may have become popular plat...

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 more money than you would if you were an employee. You can also work in the comfort of y...

A Business Owner’s Guide in Deducting Business Travel Expenses

You’ve worked hard all year long that you can’t find time for some vacation. You’re worried that your business will suffer when you go away for several days. Or you may be concerned about the expenses that you will incur.But did you know...

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, you should work towards becoming an enrolled agent or EA.Enrolled agents are specialists who ...

Medical Expenses Deduction – What you can and can not do?

Medical bills can sure burn a hole on your wallet especially if there are emergencies that come out of nowhere and are not completely covered by one’s insurance. This being said, the IRS allows the taxpayers some relief, making these expenses someho...

Glitches of the New Tax Bill

The Loopholes and Glitches of the Tax BillA number of tax scholars have compiled studies and completed a report that details the glitches and loopholes of the new tax bills that Congress chose to close. There are numerous issues that come with it. In a nu...

You Will Pay More Taxes This Year Unless You Set Up a Corporation

Using Corporations as Tax SheltersA great form of protecting assets is creating a corporation. However, not a lot of people are aware that corporations can be made into tax shelters as well. Tax shelters are legal ways that allow us to minimize or decreas...