Tax Tips

News and Articles About Tax Tips

Tax Tips for Writing Off Your Holiday Party
Finance

Tax Tips for Writing Off Your Holiday Party

As we head into the holiday season filled with business events and parties, it's important to keep in mind that the IRS is strict with its tax-write off standards.
IRS to Take a Closer Look at Small Business Filings
Finance

IRS to Take a Closer Look at Small Business Filings

Here are three important tips for how entrepreneurs can avoid getting into trouble with the IRS.
Gabrielle Karol
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Options for Deducting Your Company's Auto Expenses
Taxes

Options for Deducting Your Company's Auto Expenses

Deducting auto expenses can confound small-business owners, but it doesn't have to. Here's a quick explanation of your options.
Mark J. Kohler
What To Do If You Receive a 1099-K Notice From the IRS
Finance

What To Do If You Receive a 1099-K Notice From the IRS

Stay calm: It may not be an audit. Get some professional tax advice, gather up your records and respond, says tax expert Barbara Weltman.
Barbara Weltman
Signs That You Are About to Get Audited (Infographic)
Finance

Signs That You Are About to Get Audited (Infographic)

Here's a look at your odds of being audited. And how you can tell if you might be next.
Kathleen Davis
Finance

Can I Deduct That? Your Tax Deduction Checklist

Figuring out what you can and can't deduct as a business expense is challenging. These tips help you lower your tax bill without running afoul of the federal tax code.
As Tax Reform Stalls, Small-Business Owners Spend Up To 150 Hours on Their Taxes
Finance

As Tax Reform Stalls, Small-Business Owners Spend Up To 150 Hours on Their Taxes

A new taxation survey finds that the administrative burdens of paying taxes are more significant than the financial burdens. Here are a few tips on how to keep the time devoted to your taxes to a minimum.
Catherine Clifford
How to Buy More Time on Your Taxes With an Extension
Finance

How to Buy More Time on Your Taxes With an Extension

Don't feel pressured to file by April 15. If you're scrambling to get your taxes done this weekend, you might be better off filing for an extension. Here's how to do it the right way.
Mark J. Kohler
Simple Strategies for Last-Minute Tax Filers
Finance

Simple Strategies for Last-Minute Tax Filers

You have one week left to get your taxes done, but that doesn't mean you have to scramble. Here are some simple strategies to make the process go smoothly.
5 Questions to Ask Before Filing Your Taxes
Finance

5 Questions to Ask Before Filing Your Taxes

Don't file your taxes just yet. You could save yourself more money by answering these five simple questions.
Mark J. Kohler
6 Fundamental Tax Tips for Entrepreneurs
Finance

6 Fundamental Tax Tips for Entrepreneurs

Follow these simple rules to maximize your money--while staying on the IRS's good side.
J.D. Roth
Tax Dilemmas Add to Burden of Healthcare Reform for Entrepreneurs
Finance

Tax Dilemmas Add to Burden of Healthcare Reform for Entrepreneurs

With tax deadlines fast approaching, here's an important look forward at the tax implications of Obamacare on your business.
Arlene Weintraub
How to Keep Your Zen During Tax Season
Finance

How to Keep Your Zen During Tax Season

Here are five recommendations for keeping things copacetic this tax season.
Catherine Clifford
Calculating Your Home-Office Deduction Just Got Easier
Finance

Calculating Your Home-Office Deduction Just Got Easier

The IRS provides a new streamlined option for determining how much you can deduct for your home-office space.
Catherine Clifford