How Do I Plan For Next Year’s Tax Return?
Can being organized and planning ahead really save you time, money and headaches? Yes, says the IRS, and here’s eight great tips for making next April 15th a lot easier. And these are direct from the IRS themselves! Ignore at your own risk:
Are You Confused By Vehicle Tax Deductions?
Many business owners are stumped by the question of how and when to deduct vehicle use from their yearly income, and we know this because it’s one of the questions we hear most. The answer can be quite convoluted and vague when trying to research a solution from the IRS website and forums. The truth […]
Anaheim Hills Accountant Answers: What IS a Business Expense?
Here’s another one of those questions I get asked a lot: Why isn’t that a business expense? Primarily because there’s a difference between what the IRS defines as a business expense and what we’d like to write off as a business expense. Let’s start with an example. Say you’re working late on a project, and […]