It’s important to do tax planning before December 31, you might lose certain deductions if you don’t plan properly. You could deduct 20% of your qualified business income (QBI) if you plan ahead. If you are married filing jointly and … Read More
Monthly Archives: November 2019
Bad Consequence of Improper Reimbursements
If you are operating your own business, you may pay certain business-related expenses by yourself occasionally. You can certainly claim reimbursement from the company. Your expectation is to let your company reimburse you so that the business expenses can be … Read More
Business Vehicle Deduction for 2019
Do you need additional tax deduction this year? Do you need to buy a car for your business use (more than 50% use)? If so, this is the article for you! The good news from the tax reform, Tax Cuts … Read More