How To Properly Deduct Business Meals

How To Properly Deduct Business Meals

As a business owner or entrepreneur, you’re always looking for ways to maximize your tax savings and keep your finances in check. One effective (and often overlooked) strategy is the deduction of business meal expenses.   Imagine this: You take your best client...
Age Does Matter With Tax Obligations

Age Does Matter With Tax Obligations

Tax laws are rarely simple, and one of the factors that can significantly impact your tax obligations is age—whether it’s your age or that of your dependents. Our federal tax code includes age-specific triggers that dictate eligibility for credits, deductions,...
What You Need to Know About Tax Basis

What You Need to Know About Tax Basis

Understanding tax basis is important for anyone navigating property ownership—whether you’re an individual homeowner or a business owner. This concept plays a key role in determining how much tax you owe when selling, exchanging, or transferring property.    By...