No one wants to be audited by the IRS. Here, we offer 9 tips on how to avoid a tax audit to help keep the IRS off your back.
Tax Tips & Software Reviews
Taxes get more and more complicated as you grow older. Having to put in claims for your home office is especially tedious, or at least it can be if you’re tax-phobic. Try these great tax tips and tax software reviews to save yourself from a nasty audit after April.
When you think about what your business needs to grow and work, you might not think about magazines, but the fact is that they can help you stay on top of things -and the best part is they can be free.
Just because you’re operating a business out of a home office do not think you can be careless about retaining business records. In this increasingly litigious society, anyone can be sued by anyone for any reason. Learn what business records to keep and how long to keep them.
Deducting expenses for your home office can be complicated. One of the more confusing areas is determining just what equipment you can write off — and for how much. The IRS has tons of information on the topic, but it can be difficult to sort through all the deductions offered to businesses.
QuickBooks is a very versatile software system, and this article dicusses a number of useful reasons why small business owners should use this accounting software
This article will explain how to get started with QuickBooks, and construct a new profile for your company.
There are two kinds of Home Office users. One kind has a regular corporate job with a company and they are allowed to work remotely for some or all of their work week. The other kind owns their own business which they run out of a home office. This is for them.
Gas prices squeezing your budget? Need a little extra help in the savings department? Lean some easy ways to save money in your home office, and help the environment too.
Claiming a home office deduction can save you BIG on your taxes. But, the IRS doesn’t like it when people try and fake a home office. However, only a fool passes up a deduction that they qualify for. Use these tools to help support your home office tax deduction.
The IRS allows a reasonable number of deductions for expenses associated with maintaining a home office. Learn about which deductions are allowed and how you can lower your tax liability by claiming expenses from operating a home office or business.