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 | Oct 17, 2019 | Blog
If you are currently operating a pass-through business such as a proprietorship, partnership, or S corporation, you might want to have a look at this. Thanks to the finalized regulations of Section 199A, you can now be eligible to have a tax deduction of up to 20...
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 23, 2019 | Blog
A home-office deduction can be extremely valuable, but many taxpayers worry that the deduction will initiate an IRS audit. That’s compassion. You see, you should take full advantage of it and put your worries aside, and you’re entitled to the deduction if...