Important Information On How Tax Reform Effects Business Entertainment
Video: Important Information On How Tax Reform Effects Business Entertainment.
Videos & Info Graphics
Business Expenses
Videos & Info Graphics
Meals & Entertainment Expenses Post Tax Reform
The tax reform act imposed a number of restrictions on food and beverage expenses as explained below. Learn more.
Rejoice – Business Meals Are Still Deductible
If you are a business owner who is accustomed to treating clients to sporting events, golf getaways, concerts and the like, you were no doubt saddened by the pa
First-Year Start-Up Tax and Accounting Issues
Hereâs what every entrepreneur needs to know before they start a new business.
Tax Reform Suspends the Tax Deduction for Employee Business Expenses
Not all provisions of the Tax Cuts and Jobs Act are beneficial to taxpayers. One notable negative provision is the suspension of the deduction for employee busi
Do You Use Your Vehicle for Business Purposes?
The IRS standard mileage rate for 2018 increased to 54.5 cents per mile.
Employee Business Expenses & Tax Reform
If you are an employee (i.e., a W-2 wage earner) with substantial work-related business expenses, the Act was not kind to you. It suspended (and effectively rep
Business Owners Beware – New Tax Law Severely Limits Entertainment Deductions
If you are a business owner who is accustomed to treating clients to sporting events, golf getaways, concerts and the like, we have some bad news for you. The G
How Small Businesses Write Off Equipment Purchases
From time to time, an owner of a small business will purchase equipment, office furnishings, vehicles, computer systems and other items for use in the business.
Place It In Service If You Want To Deduct It
Section 179 is a provision of tax law that allows owners of small businesses to expense rather than depreciate equipment purchases made during the year. It is a