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There are many essential components to successfully running a small business, but the backbone of it all is proper bookkeeping and implementing a thorough accounting system. Not adhering to necessary record keeping protocol alone can bring a small business to its knees
Filed under: Uncategorized | Tagged: bookkeeping, Business, business plan, CPA, income tax, Small Business, tax deduction | Leave a Comment »
Everybody would love the opportunity to take a tax deduction for the food they eat, but unfortunately there are only a few instances that actually allow it.
Filed under: Uncategorized | Tagged: income tax, medical expense, tax deduction | Leave a Comment »
According to National Federation of Independent Business (NFIB), here are a few tax deductions that small business owners often make mistakes with:Filed under: Uncategorized | Tagged: bank loan, Business, business miles, income tax, IRS, tax deduction | Leave a Comment »
Recently, my girlfriend found out that she would need some very significant dental work in the form of mulitple dental implants, root canals, and crowns. The estimated cost would be about $25,000 in the US. Instead,after doing significant due diligence, she has located a dentist in Costa Rica
Filed under: Uncategorized | Tagged: medical expense, medical tourism, tax deduction | Leave a Comment »
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Many small business owners who prepare their own tax returns often shy away from taking the Home Office deduction for their business, but oftentimes the ability to deduct the home office can save a lot money, particularly
Filed under: Uncategorized | Tagged: Business, home office, income tax, IRS, Small Business, tax deduction | Leave a Comment »
