Tag Archive for: business expenses

Top Tax Write-Offs for Small Businesses And Self-Employed Workers In 2024

While you usually need to pay upfront for equipment, employee salaries, and other business expenses, the ability to write off these costs on your federal tax return reduces the amount of income tax you owe. These tax deductions, offer significant advantages for small businesses and independent contractors.

Three Tax Myths You Can’t Afford To Believe

As is the case with many financial matters, there's lots of bad information out there within the realm of taxes. That's why It's important to arm yourself with good information when tackling your tax return. You can't afford to buy into myths that could seriously lead you astray. CLICK ON THE HEADLINE FOR MORE

Four Costly Tax Mistakes To Avoid

Simple errors could cost hundreds or even thousands of dollars if you don't get things right the first time when dealing with the IRS. To help you avoid errors that could come back to haunt you, here are four big mistakes to be aware of. CLICK ON THE HEADLINE FOR MORE

VIDEO: 7 Illegal Ways Some Americans Admit To Save On Taxes

Many Americans are missing out on certain tax-saving strategies because they think they're illegal. And, on the flip side, some Americans admit to using illegal strategies to cut down on their tax bill, CLICK ON THE HEADLINE FOR MORE

Act Fast: These Four Tax Breaks Will Disappear In 2018

Those who reduce their taxes by claiming multiple individual deductions — itemized deductions — will have fewer tax breaks to apply to their 2018 taxes. CLICK ON THE HEADLINE FOR MORE

These Are the 10 Most Important Tax Forms

There are over over 900 tax forms on the IRS’s website. Luckily you don’t need to care about the majority of them, but there are 10 major forms you should know about before you file. CLICK ON THE HEADLINE FOR MORE