Refresher on First-Year Section 179 Depreciation Deductions
Internal Revenue Code Section 179 potentially allows significant first-year depreciation deductions...
Posts about
business deductions
Company Holiday Parties: Celebrate the Tax Breaks
Are the costs of holiday parties tax deductible? Despite a recent crackdown on business...
Business Owners: Failure to Substantiate Donations Can Be Costly
Charitable donations can provide businesses with significant tax savings. But for gifts over a...
Updated Guidance on Business Vehicle Depreciation
The rules for deducting depreciation expenses on vehicles used for business purposes have been...
Deductions for Temporary Out-of-Town Work Assignments
The general rule for out-of-town business travel expenses is that you can deduct them as long as...