Clik here to view.
Depreciation: Part II of a Ten Part Series “The Top Ten Tax Deductions.”
Depreciation: Part II of a Ten Part Series “The Top Ten Tax Deductions.” The depreciation expense is to provide for the matching of the cost of capital assets with the revenue they generate. There...
View ArticleClik here to view.
Insurance: Part III of a Ten Part Series “The Top 10 Tax Deductions”
Insurance: Part III of a Ten Part Series “The Top 10 Tax Deductions” Insurance: there are four types of insurance a business may purchase and thereby created tax deductions: 1) General liability...
View ArticleClik here to view.
Professional Services: Part IV of a Ten Part Series “The Top 10 Tax Deductions”
Professional Services: Part IV of a Ten Part Series “The Top 10 Tax Deductions” Professional services such tax return preparers are one type of a professional service used by both the...
View ArticleClik here to view.
Rental Expense: Part VI of a Ten Part Series ” The Top Ten Tax Deductions”
Rental Expense: Part VI of a Ten Part Series ” The Top Ten Tax Deductions” There are two types of rental expenses that businesses can incur: 1)Office Rental and 2)Equipment Rental. The office...
View ArticleClik here to view.
Meals: Part VIII of a Ten Part Series “The Top 10 Tax Deductions”
Meals: Part VIII of a Ten Part Series “The Top 10 Tax Deductions” The need for business record-keeping greatly increases one contemplates the meals tax deduction. Also businesses have to keep in mind...
View ArticleClik here to view.
Utilities Tax Deduction: Part IX of a Ten Part Series “The top 10 Tax...
Utilities Tax Deduction: Part IX of a Ten Part Series “The top 10 Tax Deductions” The utilities tax deduction occurs when businesses spend money for things such as electric utilities, water and...
View ArticleClik here to view.
Other Expenses: Part X of a Ten Part Series “The top Ten Tax Deductions”
Other Expenses: Part X of a Ten Part Series “The top Ten Tax Deductions” A tax deduction for other expenses allows for the tax deduction of items the government has not listed on their form. Just...
View ArticleClik here to view.
Office Supplies & Expense: Part V of a Ten Part Series “The Top Ten Tax...
Office Supplies & Expense: Part V of a Ten Part Series “The Top Ten Tax Deductions” In order for businesses to function and operate properly they incur the need for quality office supplies....
View ArticleClik here to view.
Entertainment and Travel Expense: Part VII of a Ten Part Series “The Top Ten...
Entertainment & Travel Expenses: Part 7 of a Ten Part Series “The Top Ten Tax Deductions” Business travel expenses are incurred by businesses when they send their sales people out for the...
View ArticleThe Interest Expense Tax Deduction
The Interest Expense Tax Deduction The interest rate available today on a loan is very low. The government has kept the interest rates artificially low in an effort to stimulate the economy. Interest...
View Article