Business. Money. Life.
I just got a letter from the IRS! Receiving any form of communication from the Internal Revenue Service can send chills down your spine. Many people harbor an unfounded fear of the unknown when it relates to the IRS. Don’t Fret! Seeing a letter from this government agency in your mailbox does not mean you […]
Being the owner of your S-Corp affords many benefits that you can take advantage of. For new S-corporation owners, and even many seasoned business owners, understanding how to utilize these benefits can be as challenging as understanding a foreign language. It is important for you to remember that all of your personal income from the […]
Having a home office can be a great option for deducting expenses. Before we start deducting though, there are a few qualifications that must be met to ensure you are compliant. Home Office Qualifications When figuring the home office deduction for a business, we have to consider the following: Is it truly an office? Can […]