TaxAudit Blog » Small Business
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Have questions about small businesses and taxes? Browse our articles about small business tax topics. TaxAudit deals with the IRS and state taxing authorities, so taxpaying individuals and small businesses don't have to. As the largest tax representation provider in the country, TaxAudit handles more audits than any other firm and also offers Tax Debt Relief Assistance to taxpayers who owe..
TaxAudit Blog » Small Business
3w ago
Groceries you buy for your household are a personal expense and are not deductible. But there are numerous cases in which food can be deductible ..read more
TaxAudit Blog » Small Business
2M ago
If you happen to miss one of your quarterly estimated tax payments, all is not lost. As soon as you remember, go ahead and make the quarterly payment late ..read more
TaxAudit Blog » Small Business
3M ago
A number of different software applications that use a smartphone have become available for the purpose of recording business and personal mileage. ..read more
TaxAudit Blog » Small Business
4M ago
You can deduct an unpaid invoice as a business expense if all the following are true: (1) You have already included the amount of the invoice as income ..read more
TaxAudit Blog » Small Business
5M ago
If you want to deduct your first-class airfares, be aware that the IRS may question you about these expenses and will make its decision based on each trip ..read more
TaxAudit Blog » Small Business
6M ago
Tax law does allow business owners to use the gifts they made to clients to increase their deductions from taxable income, but there is a dollar amount limit ..read more
TaxAudit Blog » Small Business
6M ago
The deduction of any expenses, including snacks for riders from rideshare drivers, depends on your personal facts and circumstances. Let's explore more ..read more
TaxAudit Blog » Small Business
6M ago
As a rideshare driver you can likely deduct your carwash expenses on your taxes. But, as always, certain conditions have to be met. Allow me to explain ..read more
TaxAudit Blog » Small Business
7M ago
The IRS regards your personal driver’s license as a nondeductible expense. A commercial driver’s license that is required for your business may be deductible ..read more
TaxAudit Blog » Small Business
7M ago
Are there situations where travel expenses are tax deductible? Yes. In this blog, we will discuss five situations where travel expenses are deductible ..read more