2020 Last-Minute Business Income Tax Deduction – Part 2 : Charitable Contribution

It’s still not too late to donate to charitable organizations for the 2020 tax deduction if you can do it by 12/31/2020. There are a few ways you can deduct charitable contributions in your tax returns 1.Donating your cash As … Read More

2020 Last-Minute Business Income Tax Deduction – Part 1 : Prepay Expenses

I know we have too many problems in 2020 already, let’s focus ourselves on those “good problems”. If you think your taxable income will be too high in 2020, it’s still early to plan ahead to reduce your taxable income … Read More