When preparing for your income tax, the general rule is that you write off your daily business purchases, such as office supplies or utility vehicle mileage, as expenses, and purchases...
Posted by Rosovich & Associates, Inc. on 08/15/2021
Do you have a small business? You can take advantage of these ten deductions to reduce your taxable income. The legal reduction in taxable income isn't as thrilling as winning...
Posted by Rosovich & Associates, Inc. on 07/31/2021
Many landlords pay more tax on their properties than they should. This is because they are ignorant of the several tax advantages and benefits of becoming a landlord. More than any...
There are some tricky income tax and Social Security tax rules that ministers have to face with regards to how their income is taxed, how to claim an exemption from self-employment...
Posted by Affordable Accounting Assistance on 01/24/2019
As a real estate agent, there are many challenges as you work in a housing market that has its ups and downs. However, as part of your business, you have the opportunity to take several...
At Coastal Business Services, we understand just how important your small business is to you. You started this business from the ground up and poured a lot of sweat and hard work into...
It’s that time again. Tax season is just around the corner, and some have already gotten started on the process. When it comes to working on your taxes, it can seem overwhelming....
Many taxpayers choose to run their business out of their home. This saves them money on renting out another space and the maintenance and utilities of another locations. And for...
If you own a rental property, you should know your federal tax obligations. All rental income needs to be reported on your tax return, and the associated expenses can generally be...