CAPEX Write-offs: De Minimis, Section 179, or Bonus Depreciation?
Do you purchase equipment, vehicles, computers, furniture, or other “capital expenses” for your business or real estate investments? If so, did you know that you have many options for writing-off your expenses? How do you avoid losing money by making the wrong choice?
Business Use of Home Tax Deductions (Attention eComm Sellers!)
Do you use your home for business, inventory, office, or client service? This post is for you to avoid tax deduction issues and IRS problems in the future!
How to Maximize Your Business Vehicle Mileage Tax Deductions
What one record receives special attention? What one record can create a nightmare for you? What one record makes the IRS suspect that you are the keeper of lousy records? Think of the record people most hate keeping. That’s the one we are talking about. You have probably guessed what that record might be.