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How a business owner’s home office can result in tax deductions
As a business owner, you may be eligible to claim home office tax deductions that will reduce your taxable income. However, it’s crucial to...
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As a business owner, you may be eligible to claim home office tax deductions that will reduce your taxable income. However, it’s crucial to...
2 min read
If you’re getting ready to file your 2024 tax return and your tax bill is higher than you’d like, there may still be a chance to lower it. If you’re...
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From the moment they launch their companies, business owners are urged to use key performance indicators (KPIs) to monitor performance. And for good...
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The IRS announced it will start the 2025 filing season for individual income tax returns on January 27. That’s when the agency began accepting and...
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The nationwide price of gas is slightly higher than it was a year ago and the 2025 optional standard mileage rate used to calculate the deductible...
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Once you reach age 73, tax law requires you to begin taking withdrawals — called Required Minimum Distributions (RMDs) — from your traditional IRA,...
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Understanding how to deduct transportation costs could significantly reduce the tax burden on your small business. You and your employees likely...
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When deciding on the best structure for your business, one option to consider is a C corporation. This entity offers several advantages and...
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Saving for retirement is a crucial financial goal and a 401(k) plan is one of the most effective tools for achieving it. If your employer offers a...
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As a small business owner, managing health care costs for yourself and your employees can be challenging. One effective tool to consider adding is a...
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Inflation can have a significant impact on federal tax breaks. While recent inflation has come down since its peak in 2022, some tax amounts will...
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You’re not alone if you’re confused about the federal tax treatment of business-related meal and entertainment expenses. The rules have changed in...
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When start-ups launch, their focus is often on tightly controlling expenses. Most need to establish a brand and some semblance of stability before...