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If you claim the depreciation of company vehicles as a tax write-off, beware. Tax laws regarding vehicle depreciation have changed drastically. Many business owners have dedicated company vehicles. This has historically been a good decision because it streamlines the...
Gas for my daily car trips to work? Parking ticket? A taxi to grandma’s house? Many small business owners do not realize that sometimes what they think is a business expense, is not. The mileage or gas cost of commuting to and from work is not, unless you make...
If you are thinking of giving ‘gifts’ to your employees this season, here are 5 of the more popular ideas. A brief, unscientific survey of fellow workers reveal that most employees like cash. However, don’t forget to tax any gift appropriat 1. Money – Cash in any...