by Jun Wang, CPA, MST If you regularly travel to client sites, gather office supplies, attend conferences, or own multiple pass-through entities, you may be entitled to tax deductions or rei… Read More

How far you travel to work impacts how you spend your time each day, as well as other factors like mileage reimbursement and business deductions.  So, is it worth it? Let’s exp… Read More

Mileage for travel As an important business decision-maker, you must fully understand the importance of optimizing every aspect of your company’s operations, including employee reim… Read More

Whether you’re a small business owner or a manager of a large field team, mileage reimbursement is essential to travel and expense management. This article will help you understand eve… Read More

One of the hardest tasks for a self-employed tax paying person is maximizing tax deductions and adhering to tax laws. Using mileage reimbursements for work-related travel is an efficient way… Read More

Pablo Gomez has been a full-time Uber driver since 2019. He takes pride in knowing how to maximize his earnings on each trip he takes. That means knowing the right times to drive, which ri… Read More

You are required to keep track of your mileage as a self-employed individual or business owner for tax for reimbursement purposes. Mileage logs are an important tool for accurately tracking… Read More

As an employee, you may be asked to use your own vehicle to complete tasks for your boss. An employee that has a list of errands to complete may rack up a lot of work-related expenses. … Read More

The idea of a per diem is essential for entrepreneurs to know and perceive as they begin, work and develop their companies. What’s a per diem fee? Per diem is a Latin phrase that in… Read More

Vehicle Ownership and Operating Cost Analyses Reveals Inflation Underpinning New Mileage Rate, Provides Guidance on Vehicle Reimbursement Best Practices BOSTON, December 29, 2022–(BU… Read More

Selling a home is a major life change. But before you can concentrate on buying a new house, you’ll need to figure out how to properly report any profits related to the sale of your ho… Read More

By Russell Holcombe, MTx, CFP® Tax planning can get complicated fast—especially when you factor in things like equity awards and deferred compensation. If you like to avoid thin… Read More

Motus was launched in 2004 with a mission to provide a fair and accurate reimbursement solution for mobile employees. With its disruptive business model and ground-breaking innovation, the c… Read More

Mileage tracking doesn’t need to be an arduous task every time your drivers return from their travels. Here are some of the best mileage tracker apps to make your business IRS complian… Read More

transferring bills are tax deductible These bills can add up rapidly as you progress from home to accommodate. For a lot of houses, transferring prices could be hundreds of {dollars… Read More

The processing of payroll is a vital function of every firm, despite the fact that it is not always the most interesting aspect of operating a business. Payroll systems have been in existenc… Read More

If your business is registered as an S Corp, you could expect to save a considerable amount on your taxes. Sounds too good to be true?Well, that is true! S corps as a business entity offers… Read More

As a budding entrepreneur, it’s obvious you can’t be able to handle all the tasks on your own. This is because you can only handle one task at a time. You, therefore, have to del… Read More

What Is A Tax Deduction?   Tax deductions (sometimes referred to as “write-off’s”) are expenses you make on behalf of your business throughout the year, the total of w… Read More

Can you write off mileage? You can deduct the full amount of allowable expenses for the car (for the portion of time you used the vehicle for business purposes). … and drove 10,000 m… Read More

Owning a vehicle can be expensive. Between the costs of purchase, insurance, taxes, maintenance, fuel, tolls, and parking, the average person spends thousands of dollars annually to own and… Read More

Last edited on Friday, May 14, 2021, at 11:31 AM.Welcome to The Blanch Law Firm’s weekly digest of New New Y… Read More

All firms require controlling business costs, which means managing expenditure. To be compensated for out-of-pocket expenses, workers are required to file expense claims. Managers are requir… Read More

Emergency Cash 2 : How To Generate Quick Cash In An Emergency Emergency Cash 1 and 2 reports will discuss: 1. How to Cope with a Cash Crisis 2. Learning to Cope with a Money Emergency 3… Read More

When faced with questions on your tax return deductions, it is getting all too common for tax authorities to deny everything and then make you prove that your deductions are valid. Do not le… Read More