How to deduct a computer bought last year if your business started this year, understanding IRS rules.
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Explaining why the profit number in your accounting software may differ from your bank account balance.
Tips on how to accurately track mileage for tax deductions, including methods and IRS requirements.
Guidance on issuing 1099s for contractors paid via PayPal and understanding IRS reporting obligations.
How LLC owners should record personal paychecks for tax and accounting purposes, including salary vs. draw.
Tax filing tips for last-minute filers, including extensions, deductions, and avoiding common mistakes.
Maximizing business travel deductions, including what expenses qualify and tips for record-keeping.
Strategies for organizing business receipts and paperwork to streamline tax preparation and ensure accuracy.
Essential tasks for new business owners, including legal, financial, and operational steps to set a solid foundation.
Guidelines for accounting charitable donations, maximizing deductions while adhering to IRS regulations.