Inadequate Records Lead to Unfavorable Results for Taxpayers
| Federal tax law allows deductions for many items, such as legitimate business expenses and... |
Posts about
Business Tax (14)
Casualty and Theft Losses: Find the Silver Lining in Dark Clouds
| We’re in the midst of hurricane season now, but the eastern and southern shores aren’t the... |
Do You Have a Deductible Business Loss or a Nondeductible Hobby Loss?
| There’s a fine line between businesses and hobbies under the federal tax code. If you engage... |
Relying on Audit Techniques Guides
| Relying on Audit Techniques Guides |
| IRS examiners usually do their homework before meeting with... |
Maximize Write-Offs for Business Interest Expense
| Maximize Write-Offs for Business Interest Expense |
| When you take out personal loans to buy a... |
How S Corporations Can Save on Federal Employment Taxes
If you own an unincorporated small business, you may be getting fed up with high self-employment...
Handling Interest Expense on Loans to Inject Capital
There are instances when you can write off interest on personal loans used for business purposes,...