What’s your mileage deduction?March 21, 2018Resources, Educational ArticlesIndividuals can deduct some vehicle-related expenses in certain circumstances. Rather than keeping track of the actual costs, you can use…Read More
Make sure repairs to tangible property were actually repairs before you deduct the costMarch 19, 2018Resources, Educational ArticlesRepairs to tangible property, such as buildings, machinery, equipment or vehicles, can provide businesses a valuable current tax deduction —…Read More
2017 tax filing deadline for pass-through entities is March 15March 14, 2018Resources, Educational Articles, TaxWhen it comes to income tax returns, April 15 (actually April 17 this year, because of a weekend and a…Read More
Casualty losses can provide a 2017 deduction, but rules tighten for 2018March 14, 2018Resources, Educational Articles, Tax, UncategorizedIf you suffered damage to your home or personal property last year, you may be able to deduct these “casualty”…Read More