Avoid Tax Surprises Next Spring – It’s Never Too Early To Check Your Tax Withholding – PRIME
While it probably seems like tax season just ended, it is never too early to do a “Paycheck Checkup” to make sure the right amount of tax is being withheld from your earnings – and avoid a tax surprise next year when filing your...
Can A Gift Be A Tax Deduction?
When running your business, oftentimes you will need to buy gifts for partners, prospective clients, or employees. The question becomes… can a gift be a tax Write Off? In general, gifts are not taxable. However, the IRS puts a cap on the amount of money a person can...
Home Office Deductions – Can You Take Them – PRIME
With a properly established business, the door of itemized business deductions opens, and many deductions may seem like they are applicable to you. With most of us now working from home, Home Office Deductions offer a variety of different deductions that many are able...