As a busy technology professional, you are busy serving other departments within your company or your clients with their technology problems. While many of you may be already aware of few of these deductions, there are many who have less information on what can and cannot be deducted. So, in order to help busy technologyRead more about Tax deductions for Information Technology Professionals[…]
As a new business owner, you have to wear so many hats and manage various functions of your business. One such function is bookkeeping. By following a healthy practice of regularly recording and storing relevant records for valid business purchases, you will find it lot easier to get a line of credit from a bankRead more about 6 best record keeping practices for New Business Owners[…]
It depends on various factors- If you are an employee, your employer should cover all variations & upgrades as part of their travel policy. If you are an independent business owner, then there are so many other factors to consider. In general, if they are reasonable, justifiable, necessary for your comfortable and safe travel toRead more about Can someone claim an allowable deduction for expense to secure a special seat of the flight during a 100% business trip?[…]
As we are approaching the end of the year and close to the holiday season, many business owners and individuals donate money, gifts or other tangible items to charitable organizations. One of the very frequently asked questions are: What are the record keeping requirements for both donating items and money? What is deductible asRead more about 6 tax tips for charitable contributions[…]
