Explore the 1,000’s of tax questions answered by professionals.

TAX DEDUCTIONS

I have rental property in a single member LLC. This year, I paid a monthly premium for individual health insurance. .... ... read on

A friend and I want to start a small business. Are there any tax benefits for doing this out of .... ... read on

I just got a new client for my accounting practice. The client had fired his previous accountant and there .... ... read on

I am the owner of an S-Corporation. We provide our employees with health insurance. We would like to also .... ... read on

Our company currently has an SEP IRA plan. We are considering incorporation a cash balance pension plan combined with .... ... read on

I want to provide a gift to clients that send me referrals and would like to deduct more than the .... ... read on

I have a home office and I moved this year from one state to another state. I am wondering .... ... read on

I am a sports official and travel to my game assignments by car. I file my income from officiating basketball .... ... read on

A sole owner of an S Corporation based in Texas, rents a large house, and occupies two rooms for exclusive .... ... read on

Can the salaries an employer pays to his/her employees for their labor be considered a business expense and is therefore .... ... read on