Feb 4, 2020 | Uncategorized
Small business owners should find out if they can benefit from claiming this deduction. The home office deduction can help small business owners save money on their taxes. Taxpayers can take this deduction when they file their taxes if they use a portion of...
Nov 7, 2019 | Tax Credit, Tax Deductions
The last thing anyone wants is to find out is that the IRS is billing them for a couple of thousand dollars or that they owe a penalty. As we have heard countless times, it is better to overpay and receive a return than to pay too little and have another bill to worry...
Oct 28, 2019 | Filing Status, Tax Deductions
When a taxpayer files their tax return, they need to know their filing status. What folks should remember is that a taxpayer’s status could change during the year. So, any time is a good time for a taxpayer to learn about the different filing statuses and which one is...
Sep 24, 2019 | Tax Deductions
The Treasury Department and the Internal Revenue Service today released final regulations and additional proposed regulations under section 168(k) of the Internal Revenue Code on the new 100% additional first-year depreciation deduction that allows businesses to write...
