Home Office Tax Rules to Know
Many self-employed individuals and small business owners can claim deductions for using part of their home for business. Here are the IRS rules for the home office deduction.
Many self-employed individuals and small business owners can claim deductions for using part of their home for business. Here are the IRS rules for the home office deduction.
Running a business means juggling countless responsibilities, especially when it comes to taxes. With laws frequently changing, keeping up with your federal, state, and local tax obligations can feel overwhelming. When it comes to small businesses, misinformation is everywhere. Below, we clear up several common misconceptions that could be costing you.
Did you know your next vacation could qualify as a tax deduction? With the right strategy, travel can become a powerful business write-off. In this guide, we break down how to structure your travel to stay compliant with IRS rules.