Doing business out of your home may entitle you to some work-from-home tax deductions. Whether you are an employee or a self-employed individual, claiming home office expenses on a tax return can help you save money on taxes… Click to read more
Is it possible to declare deductible tax items from a vacation trip? Wouldn’t it be a relief if we could declare some of our expenses as business-related and include them in our itemized tax deduction? Going on a business trip doesn’t mean you have to miss out on some great vacation experiences along the way. Get to know the expenditures you may consider tax deductible while on your business related trips… Click to read more
Decided on June 2018, South Dakota v Wayfair ruling has the power to change the e-commerce landscape in several ways. In this case, the Supreme Court ruled states have the authority to require e-commerce companies to collect sales tax. While the exact rules are not completely clear or set in stone yet, here is a look at the case, the history of e-commerce sales tax collection, and what you need to know if you run an e-commerce business… Click to read more
Aside from the flexibility and convenience of working from home, you can also benefit from a number of taxes you can write off from using your own space for business. The home office deduction is among the most popular benefits of work from home jobs, but there are more. Apart from the space, there are several other things you may not know about which qualify for tax deductions… Click to read more
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