by meesekhan | Nov 25, 2019 | Blog
Be sure to follow the special IRS rules that allow you to deduct your health insurance premiums. These rules are particularly important if your S corporation employs your parents and/or non-dependent children who don’t own any stock in your corporation. And be...
by meesekhan | Aug 22, 2019 | Blog
Hearing the word ‘safe’ is certainly comforting. Who doesn’t want to be safe right? However, understanding how the new safe harbor for Section 199A rental property can work for you is another story. The new safe harbor is actually one method of...
by meesekhan | Jul 5, 2019 | Blog
Corporations Reduce IRS Audit of Home-Office Deductions. How? Are you overly suspicious that your home-office deduction will invite an IRS audit? Well. Countless taxpayers are not able to take advantage of a significant deduction that they’re entitled to because...
by meesekhan | Jun 3, 2019 | Blog
You can save a lot of money through one section of the tax code. I’m talking about Section 199A. When you rent an office or other building to your personally owned C Corporation, it will claim a valuable 20-percent qualified-business-income (QBI) deduction. Of...
by meesekhan | May 17, 2019 | Blog
Do You Support A Sports Group? Deduct the Cost of Sponsoring Sports Teams This sort of sponsorship can be extraordinary PR for your organization and position you as a network disapproved of the resident. But what are the tax implications of becoming a team promoter?...
