Financing a Small Business, Part 4 of 5: Don’t Spend Money Just to Get Tax Deductions
When financing a small business, it’s bad planning to do something just because it’s tax deductible
When financing a small business, it’s bad planning to do something just because it’s tax deductible
Having a side business in multi-level marketing doesn’t make personal expenses tax deductible
Taxpayers affected by the last-minute changes to Iowa tax law this past filing season will have the option of claiming deductions such as educator expenses, tuition and fees deductions, and Section 179 expenses in excess of $134,000, on their 2011 returns rather than filing amended 2010 returns. This provision was included in the budget bill […]