Get useful information on depreciation
as an accounting method and tax deduction, as well as eligibility, depreciable assets, and depreciation methods.
Articles: Tax Deductions
The latest newsworthy items
Are Business Mortgage Payments Tax Deductible?
Get the facts on business mortgage interest deductions, property tax deductions, and other tools like depreciation to maximize tax savings.
When Does the QBI Deduction Expire, and Will You Pay More In Taxes?
Small business owners need to know if and when QBI deductions expire and what actions to take now to avoid devastating tax bills.
Use the Self-Employed Healthcare Deduction and Save on Taxes.
Small business owners rarely maximize their self-employed healthcare deductions, from premiums to expenses. Stop spending. Start saving.
What Is Section 179? Seven Steps to Maximize Deductions
Cash flow problems? Don’t wait for depreciation. Get full deductions this year with an informed approach to section 179.
What are Allowable Business Expenses?
How many business experienced owners can tell you what “allowable expenses” are? It matters for tax savings.
Can You Deduct Real Estate Taxes on Investment Property?
There’s a slew of federal deductions for property owners. The question is, “Do you know them, and do you qualify?” Get the details here.
Can I Deduct My Cell Phone as a Business Expense?
Every business owner who uses their personal phone for business must read this article.
Are Utilities Tax Deductible for Businesses?
Any utility that your business would not be able to operate without is a tax-deductible expense. Get the details you need to turn big bills into big savings.
Small Business Tax Deductions Checklist for 2023 (Plus Credits)
Start the 2023 tax season strong with a checklist to plan to for tax deductions and credits. Take a hard look. Does your business qualify?
Maximize Tax Savings Every Time You Travel
Are travel expenses tax deductible? Yes! So why do small business clients come to me missing 15% to 20% of those tax savings? I’ll explain.
What Business Meals Can You Deduct?
What business meals can you deduct? How much can you deduct per expense? Read this guide to build relationships without breaking the bank.
What Deductions can I Claim Without a Receipt?
The “$75 rule” allows business owners to deduct four common business expenses without a receipt—but only if the expenses are less than seventy-five dollars. Remember the “$75 rule?” Here are, well, the rules.
A Simple Reason Why You Should Start Marketing
Marketing is critical for small businesses. It’s also tax deductible. Get the details here.
How to Depreciate a Car for Business
Learn how to depreciate a car for business, account for depreciation, and claim lucrative tax credits.
Is Depreciation Tax Deductible?
Is depreciation tax deductible? Which assets can and can not be depreciated? Stay informed with my comprehensive guide to depreciation.