If youre claiming deductions for business meals or auto expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete documentation or try to create records months (or years) later. In doing so, they fail to meet the strict substantiation requirements set forth under tax law.
If you're self-employed and run your business from your home or perform certain functions there, you might be able ...
The IRS has issued guidance clarifying that certain deductions aren't allowed if a business has received a ...
The Coronavirus Aid, Relief, and Economic Security (CARES) Act eliminates some of the tax-revenue-generating ...
The law providing relief due to the coronavirus (COVID-19) pandemic contains a beneficial change in the tax rules ...
The use of a company vehicle is a valuable fringe benefit for owners and employees of small businesses. This ...
Technology has made it easier to work from home so lots of people now commute each morning to an office down the ...
Don't let the holiday rush keep you from taking some important steps to reduce your 2019 tax liability. You still ...
With Thanksgiving behind us, the holiday season is in full swing. At this time of year, your business may want to ...