When can seniors deduct Medicare premiums on their tax returns?
June 14, 2023
Seniors who have Medicare insurance (including supplemental) know that it can be costly to get the desired coverage. If this is your situation, you may be able to deduct the cost of premiums, along with other medical expenses, on your tax return.
Advantages and disadvantages of claiming big first-year real estate depreciation deductions
June 12, 2023
If your business has a choice to deduct real estate expenses or depreciate them over several years, the decision may seem simple. But there are a number of factors to consider.
Is QuickBooks right for your nonprofit?
June 9, 2023
Nonprofits: Here’s how QuickBooks can help you track your progress toward achieving financial targets for 2023 and beyond.
Traveling for business this summer? Here’s what you can deduct
June 6, 2023
Here’s a rundown of the tax deductions you can claim for business travel.
Overview of discontinued operations reporting
June 5, 2023
In today’s uncertain markets, your business may decide to discontinue unprofitable product lines or business units. Are you up to speed on the accounting rules for reporting discontinued operations?
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.
