Keep these DOs and DON’Ts in mind when deducting business meal and vehicle expenses
June 2, 2023
Keeping careful business records for meal and vehicle expenses can safeguard your tax deductions. Here are some DOs and DON’Ts.
4 ways corporate business owners can help ensure their compensation is “reasonable”
June 1, 2023
C corporation owners: To keep your compensation tax deductible, you need to ensure it’s “reasonable.” Otherwise, it could be deemed a dividend. Here are four steps to take.
