Tax Reform Alert: Entertainment Deductions That Were Eliminated & Survived

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As you likely know, you may no longer deduct directly related or associated business entertainment effective January 1, 2018.

Tax Reform: How The New Tax Law Will Impact Businesses

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It is no overstatement to say that this mammoth tax bill will have a significant impact on virtually every business.

Tax Reform: How The New Tax Law Will Impact Individuals

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After months of intense negotiations, the President signed the “Tax Cuts And Jobs Act Of 2017” (the “New Law”) on December 22, 2017.

Tax Reform: Certain Businesses Will Get a New 20% Deduction

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Rejoice if you operate your business as a sole proprietorship, partnership, or S corporation...

Part 10: The 10 Most Expensive Tax Mistakes, Are You Satisfied with The Taxes You Pay?

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Now that you see how business owners miss out on tax breaks, let’s talk about the final mistake.

Part 9: The 10 Most Expensive Tax Mistakes, Are You Satisfied with The Taxes You Pay?

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Now let’s take a minute to discuss some fun deductions for meals and entertainment.

Part 8: The 10 Most Expensive Tax Mistakes, Are You Satisfied with The Taxes You Pay?

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Now let’s talk about the most common mistake that business owners and professionals make with vehicle expenses...

Part 7: The 10 Most Expensive Tax Mistakes, Are You Satisfied with The Taxes You Pay?

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Home office expenses are probably the most misunderstood deduction in the entire tax code.

Part 5: The 10 Most Expensive Tax Mistakes, Are You Satisfied with The Taxes You Pay?

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Now let’s talk about the fifth mistake: missing family employment.

Part 4: The 10 Most Expensive Tax Mistakes, Are you Satisfied with the Taxes You Pay?

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Now let’s talk about the fourth mistake: choosing the wrong retirement plan.

Part 3: The 10 Most Expensive Tax Mistakes, Are you Satisfied with the Taxes You Pay?

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The next most expensive mistake is choosing the wrong business entity.