“What can you deduct: 0, 50%, or 100%? To get our complete, FREE articlewith all the details… COVID-19 is going away, perhaps by early summer. It’s time to start thinking business meals and partying with your employees. The chart in this article gives you a helicopter view of the latest business meal and entertainment rules. CLICK HERE to see the chart. … [Read more...]
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These Four Business-Mileage Rules Can Save You Big Money!
To get my complete, FREE articlewith all the details… If you drive for business purposes (and I bet you do!), my new article makes must reading. Why? Because you should know about four important IRS business-mileage rules… one of which will apply to you! If you have a home office, or even if you don’t, you should read my new article now! See my complete article … [Read more...]
Double Trouble: Disaster Strikes, Then You’re Hit with an IRS Audit
To get our complete, FREE articlewith all the details… Consider the following frightening scenario. Your office burns to the ground in a fire and you barely escape with your life. But did you also escape with your computer systems and paper records? I sure hope so. You see, if you don’t have backups of crucial documents, you could be in a world of trouble. Why? … [Read more...]
Five Things to Know About Employing Your Spouse
Some business owners can employ a spouse and work happily together. Other business owners just can’t work with their spouse. If you’re a person who can employ your spouse and make it work, I’ve got some good news for you. You may be eligible to use some terrific tax-saving strategies. As we’ll explain below, the key to making these strategies work is to use benefits … [Read more...]
Good News If Your PPP Loan Is for $50,000 or Less
Thinking of applying for your Paycheck Protection Plan (PPP) loan forgiveness? Then here’s some good news for you… If your PPP loan takes your employees into account andYour PPP loan was for $50,000 or less… … your loan-forgiveness account may have increased by 100% even though you reduced employee pay or headcount. What’s more, this new Small Business … [Read more...]