Deducting Business Travel Expenses

Deducting Business Travel Expenses

With lockdowns coming down to an end and travel opening back up, many business owners will be looking to go to conferences or start traveling more to educate themselves and to restart meeting face-to-face with clients and partners. Deducting business travel expenses...
2020 Year-End Tax Tips

2020 Year-End Tax Tips

Act before December 31 to increase your tax breaks Whether you are having a good year, rebounding from recent losses, or still struggling to get off the ground, you may be able to save a bundle on your taxes if you make the right moves before the end of the year. 1....
Can A Gift Be A Tax Deduction?

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...