Getting all of your accounting tasks done in December is always a challenge. Besides the vacation time you and your employees probably took for the holidays, there are those year-end, Let’s-wrap-it-up-by-December-31 projects. How did you do last month? Were you ready to move forward when you got back to the office in January? Or did you run […]
One of the keys to building a successful business is nurturing and maintaining positive contact with clients, vendors, and other business associates. One strategy many business owners will use is to give out gifts as a token of appreciation. However, IRS tax rules have traditionally been very tightfisted when it comes to deductions for business […]
You’re probably aware that contributed cash donations made to a charitable organization are deductions at tax time…but you might not realize that if you provide work for a charity, you are able to deduct some of the costs of your related activities as well.