Accounting & Tax Professionals

Do You Own a Small Business? Here’s What You Can Write Off

Anyone who runs a business knows just how important it is to pinch pennies when they can, and that applies to making tax deductions in order to keep tax costs low and more money in the business itself. Though you might know that deductions are popular for small businesses, taxes are generally confusing, and there […]

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What Last-Minute Deductions Can I Claim in 2018?

There are a variety of strategies you can employ at the end of the year that will benefit you come tax season. Some of these strategies include deferring income when possible, selling off bad investments to offset gains and contributing the maximum amount to your retirement account. But you’re also able to take some last-minute

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Can I List Previously Purchased Equipment as a Business Expense?

Under federal law you are technically not allowed to begin taking your business deductions until you’ve actually started up your business. This means your business has to actually providing the services or goods you will be offering. Of course, anyone who has gone through the business formation process knows just how much time and money

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