“Tax-Free Income From 14-day“Augusta rule” To get my complete, FREE articlewith all the details… Are you running an S corporation? Then you should know about the Augusta rule. The Augusta rule gets its name from the Masters Golf Tournament where some members and others who live in the area, receive tax-free rent by renting their homes out for a week or two. … [Read more...]
Depreciation
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Should You Convert Your Personal Vehicle To Business Use?
“Should You Convert Your PersonalVehicle To Business Use?” To get my complete, FREE articlewith all the details… Thinking about converting your personal vehicle to business use? You may be on to a good thing. For starters, let’s check out these factsthat should impact your decision. When it comes to your taxes, most personal assets, other than your home, are … [Read more...]
Unlock the Power of Safe-Harbor Expensing for Your Business!
"Unlock the Power of Safe-HarborExpensing for Your Business!" To get my complete, FREE articlewith all the details… 💡 Did you know that two of the most magical words in the tax realm are “safe harbor”? Safe-harbor expensing can revolutionize your tax strategy, eliminating the headache of tracking small-dollar assets, the complexities of depreciation, … [Read more...]
Test Your Tax IQ: Can You Deduct More Than One Business Vehicle?
Test Your Tax IQ:Can You Deduct MoreThan One Business Vehicle To get my complete, FREE articlewith all the details… Come on down! Behind one of these four doors is important information about deducting more than one business vehicle. Take this short test and see how much you know and what the tax law says. Behind the right door is the answer to this important … [Read more...]
Key Insights Into Depreciation From Start to finish
“Key Insights into Depreciationfrom Start to finish” To get my complete, FREE articlewith all the details… This is an article I think you’ll appreciate. It deals with what the IRS has to say about depreciation. I’ll provide real-world examples andactionable tips for optimizing taxdeductions and ensuring tax compliance. What’s more, I’ll delve into the … [Read more...]