Can I Deduct my Work Clothes?
To get right to it, the answer is most likely “no.” The IRS has very strict rules for what type of clothing can be deducted. While
To get right to it, the answer is most likely “no.” The IRS has very strict rules for what type of clothing can be deducted. While
If you use your personal vehicle for business purposes – except for commuting! – you may qualify to deduct the mileage that you travel. But what
Occasionally, I’m interviewed for articles elsewhere. Recently, I spoke to the good people at Deskpass about the tax implications of where you work. In this
One of the most common questions I get pertains to doing work in coffee shops. Many entrepreneurs head to their local coffee place to meet
Resources IRS Publication 334, Tax Guide for Small Businesses (Chapter 6) 2014 Instructions for Schedule C Cost of Goods Sold and The Tax Gap Why
Resources IRS Simplified Employee Pension Plan (SEP) Home Page IRS Publication 560, Chapter 2: Simplified Employee Pensions (SEPs) Rate Table for the Self-Employed Why YOU
Resources: 2014 Form 1099-MISC Instructions to Form 1099-MISC Why YOU Should Care: If you paid an individual, Limited Liability Company, Partnership, or Estate $600 or more
Resources IRS Publication 526: Charitable Contributions IRS Publication 561: Determining the Value of Donated Property How Small Business can get Tax Deductions for Charitable Giving
Resources IRS Publication 946: How to Depreciate Property 2013 Form 4562, Depreciation and Amortization Instructions to 2013 Form 4562 Why YOU Should Care Generally, you are
Resources The IRS’s Brief Overview of Depreciation IRS Publication 946: How to Depreciate Property 2013 Form 4562, Depreciation and Amortization Instructions to 2013 Form 4562
Don’t miss out on keeping more money in your pocket during tax time. Grab our cheatsheet and snag tips that will save you $$$!