taxes Tax Code for the Traveling Corporate Salesperson Are you a traveling corporate salesperson? You know, someone who's constantly on the go. Flights and cars and hotels. You're an unsung hero, and you deserve a reward. Enter tax code policy. Not paying taxes isn’t the reward, paying LESS than you may have thought you had to is.
Tax Deductible Car Usage If you use your car for business travel, the expenses can be tax deductible. Even though your daily commute to and from work doesn’t actually count (wouldn’t it be awesome if it did?), the other expenses incurred can add up resulting in a sizable deduction at the end
Tax Deductions for Business Travel So your boss pulls you aside and says you’re the lucky guy on the team that gets to go to Nebraska for that uber-exciting conference. While the thought of the stale bagels with a side of boiled eggs at the Days Inn Continental Breakfast is exciting, the idea of
What is a Tax Home? If you’ve done any research regarding deductions for business travel, you’ve probably come across the enigmatic term in the title of this post. Tax home. And if you’re anything like me, you also probably wondered what in the world that means exactly. By definition, a tax home
3 Accounting Tips for Growing Businesses Odds are that if you’re running a company that’s scaling rapidly, you’ll likely experience growing pains in some form or fashion. You know, like figuring out how to secure more office space. Writing HR processes. Setting onboarding expectations and offering better training opportunities for new team members.
taxes 2 Cases of Driving To and From Home That Are Tax-Deductible In our previous post, we discussed the cases in which you can deduct your mileage expenses from your taxable income, using the IRS Mileage Rate. The IRS normally excludes home-work commute from "deductible mileage". However, there are two exceptions to this rule: 1. Home Office If your home is your
