Your business can attract and retain employees by providing education benefits that enable team members to improve their skills and gain additional knowledge, all on a tax-advantaged basis.
Is your business having trouble collecting payments from clients or vendors? You might be able to claim a bad debt deduction on your tax return.
If you’re self-employed and run your business from home, or perform certain functions there, you might be able to claim deductions for home office expenses against your business income.
Does your business have multiple owners? If so, you need a buy-sell agreement.
If you’re looking to sell your home this year, then it may be time to take a closer look at the exclusion rules and cost basis of your home to reduce your taxable gain on the sale.
