The IRS allows you to deduct state franchise taxes when you do your tax return. Find out more by reading this article on franchise taxes.
Collecting debts owed can come at a collection expense. These expenses will generally be deductible. Read more here.
Donating to charity can actually save you money on taxes, aside from giving you personal joy. Read more on information about deducting charitable donations.
Do you know all the important information related to C Corporation taxes? If you need insights or guidance, read our article here to get tips.
As an entrepreneur you may be able to benefit from deducting appraisal costs. By keeping track of appraisal expenses, you can save time come tax time.
Obtaining an EIN has various benefits. First, make sure you understand all the benefits and restrictions by reading more information here.
You may be eligible to deduct auto expenses if you use a vehicle for your business. Ensure that actual vehicle expense deduction is right for you.
Most businesses will incur some sort of legal and professional expense during a given year. This shouldn't be overlooked! Read more here.
If you manufacture or purchase inventory for resale, the costs you incurred may be deductible as a cost of goods cold. Read more here.
Not all casualty and theft losses are deductible. If you incur a casualty or theft loss, you need to know how to proceed. Read on here for more information.
