Do you have an area on your desk or in your office where you just toss receipts and any business-related documents? I know, I’m guilty of it occasionally. Today, I’m going to share with you the method I’ve found success…
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As a small business owner, I know first hand that tax season can be exhausting. If you don’t have an accountant responsible for your bookkeeping and taxes – you’re that person. On top of everything else you’re doing to keep…
Let’s meet for coffee and talk about your taxes! Could I deduct the latte and scone I got? Absolutely, as long as our meeting passes one of these tests from the IRS. Test 1: Directly-Related Test -The main purpose of…
Beginning on Jan. 1, 2018, the standard mileage rates are 54.5 cents for every mile of business travel driven, 18 cents per mile driven for medical or moving purposes, and 14 cents per mile driven in service of charitable organizations.