Lisa Marie Brugman, EAClient gifts can strengthen business relationships, but the tax deduction comes with limits. Learn the $25 IRS rule, which extra costs may qualify, promotional-item exceptions, and common client-gift tax traps.
Lisa Marie Brugman, EAPayroll mistakes can get expensive fast. Learn how Schedule C owners, partners, and S-Corp shareholders should be paid, which payroll forms matter, and the costly tax traps every business owner should avoid.
Lisa Marie Brugman, EAThe internet is full of people telling business owners what they can “write off.” Buy it through the business, put your logo on it, or call it marketing—and suddenly, it is supposedly deductible. Unfortunately, the Tax Code does not work that way.