- ITE of England stuck with Comtek's troubles
At any other time, Comtek Expositions Inc. officials would be celebrating over the U.S. Tax Court ruling. But there is little joy left for the ......
- How Can I Maximize My Home-Business Deductions?
Home-based business can deduct part of their residential real estate taxes, utilities, and telephone expenses.
- Capital loss vs. ordinary loss.
When taxpayers realize losses, they generally prefer to classify them as ordinary business losses rather than capital losses. In the case of the financial misadventures ......
- Financial advisors give last-minute tax tips for...
While the annual tax-planning season may have ended when the ball dropped on Times Square, there are still steps that Long Island small businesses can ......
- Cell phone deductions and other listed property.
Most professionals report business deductions for use of their automobiles, lap-top computers and cell phones. Often, the deductions are based on estimates rather than actual ......
- How to Deduct Entertainment Costs
Most business owners know that certain entertainment expenses are deductible under some circumstances, but judging by the large number of questions I get on this ......
- Rental of residences.
Traditionally, taxpayers who own rental property have been able to take advantage of several tax breaks. While having to recognize rental income, they also have ......
- Recent developments in farm
taxation.
Farm and ranch income can fluctuate widely due to market prices, the weather, change in supply and demand and a host of other factors. To ......
- Theatrical Expenses as Tax Deductions
Today we are going to discuss the final category of itemized deductions—the one most important to theatrical professionals—namely, theatrical expenses incurred in order to earn ......
- Grasping for Facts: Tapping Into Hidden Sources of...
Do you ever forget your login IDs, passwords, PINs and personal codes, only to be unable to access them because you've also forgotten the secret ......
- New York Bans Cell Phone Use While Driving
Law may...
Sales reps driving in New York beware: Gabbing on the phone with clients while behind the wheel will soon be illegal.
- Grasping for facts: tapping into hidden sources...
DO you ever forget your login IDs, passwords, PINs and personal codes, only to be unable to access them because you've also forgotten the secret ......
- Deducting entertainment expenses.
Special rules for certain costs. Costs incurred in entertaining clients, customers, prospective customers, suppliers, employees and other business associates are valid business deductions. However, due ......
- IRS.
Do you qualify for a home office deduction under the new redefinition of an IRS regulation? Find out with Business Use of Home Qualification from ......
- Deductions your small business shouldn't miss.
Keep an eye out for those often overlooked ways to cut your tax bill. It's very simple: the more tax deductions your business can legitimately ......