How New Business Start-Up Costs Affect Your Tax Return
Government officials are seeing a large increase in the number of new businesses being launched. The latest data available from the U.S. Census Bureau shows that for the period of …
Business Expenses: Restaurant Meals are 100% Deductible
Business owners, 2022 is well underway. So, don’t forget that a provision tucked inside the Consolidated Appropriations Act suspended the 50% deduction limit for certain business meals for calendar years …
How can I pay my parent’s nursing home costs?
Given the steep cost of nursing homes, planning for long-term care is critical. This holds true not only for you but also possibly for aging parents if they’re still in …
Could Your Company Use a Heavy SUV?
Many businesses need to invest in heavy sport utility vehicles (SUVs) to transport equipment and provide timely services. Fortunately, they may be able to claim valuable tax deductions for the …
Budgeting for Baby
Babies bring joy and excitement. They also bring substantial adjustments to the family budget! In a September 2021 article, news provider U.S. News and World Report found that, after adjusting …