Once upon a time, taxpayers could generally deduct 50% of business-related meal and entertainment expenses.
Tax Law Changes Meal and Entertainment Deductions
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Business Tax
How Does Self-employment Tax Work
Every day, individuals transition from working for an employer to being self-employed.
Vehicle Expense Deductions – Follow Detailed Recordkeeping Rules
Many business owners fail to follow the strict tax rules for substantiating vehicle expenses.
Businesses Will Celebrate Tax Cuts in the New Tax Year
Most businesses will receive a big tax cut starting with their 2018 tax years, thanks to the new law enacted on December 22, 2017.
5 Important Tax Items Before Year-End Presentation
Smith Schafer Senior Tax Manager, Dianna Streed, presented at Red Wing Area Chamber of Commerce’s Lunch & Learn Seminar on December 20, 2017.
Year-End Strategies & Tax Bill Highlights
Major tax changes are on the way for both individual and business taxpayers.