Two weeks ago I was poking around on Twitter and saw a discussion among tax pros about how, most of the time, the answer to the question posed in the title is: no! In fact, many times the bottom line on your tax return will be WORSE working with a tax pro. I know I […]
Let’s look at how to account for charitable contributions made through your business.
The short answer is, there’s really no special documentation you need, because it’s technically not a charitable deduction.
A reduction in rent is not deductible for the landlord, but the landlord does get a tax benefit in a way.