Contemporaneous Mileage Log Book No Mileage Log Book = Lost Tax Deduction Business owners who use a vehicle in their business are required by the IRS (and the courts) to substantiate their … [Read more...] about Contemporaneous Mileage Log Book
IRS Tax Planning Ideas, Tips & News
Utilities – PA DOR Continues Assault on Home Office Deduction
Utilities - PA DOR Continues Assault on Home Office Deduction PA Dept. of Revenue’s Revised Onerous Requirement for Reporting Sales Tax on Utilities In our March 17, 2015 posting, we discussed … [Read more...] about Utilities – PA DOR Continues Assault on Home Office Deduction
How Much Do You Charge to Prepare a Simple Tax Return?
How Much Do You Charge to Prepare a Simple Tax Return? Is There a Hidden Message in this Question? Penny Wise and Dollar Foolish Thoughts With each passing week as the April 15 due date … [Read more...] about How Much Do You Charge to Prepare a Simple Tax Return?
Form 1099 Considerations for Landlords Who Hire Rental Property Contractors
Form 1099 Considerations for Landlords Who Hire Rental Property Contractors Is Your Rental Property an Investment or Is It a Business? If you own rental real estate, you need to address whether you … [Read more...] about Form 1099 Considerations for Landlords Who Hire Rental Property Contractors
How Small Business Owners Go Out of Business
How Small Business Owners Go Out of Business Three Pitfalls to Avoid For over 17 years, our firm has been working with entrepreneurs who start their own business. During the initial meeting with … [Read more...] about How Small Business Owners Go Out of Business
PA Aggressive Sales Tax Approach on Used Car Sales
PA Aggressive Sales Tax Approach on Private Used Car Sales Motor Vehicle Understated Value Program (MVUVP) It has come to our attention that individuals who are purchasing a vehicle in PA via a … [Read more...] about PA Aggressive Sales Tax Approach on Used Car Sales
