Assistance Available, Business Topics, Covid 19, IRS - Tax Tips, Tax

Miss an EIP payment from the IRS in 2020? There may still be an opportunity to claim.

Business Topics, IRS - Tax Tips, Record Keeping

Good Record Keeping = Good Business


Taking care of business: An #IRS tip can help you understand the ins and outs of good recordkeeping: Record Keeping
Business Topics, IRS - Tax Tips, Tax

IRS – Limits On Charitable Contributions

Greater deductions by businesses for contributions of food inventory for the care of the ill, needy or infants are now allowed. Businesses that contribute food in 2020 may deduct up to 25 percent of their net or taxable income.

Business Topics, IRS - Tax Tips, Tax, TAXES - INDIVIDUAL & SCH C

IRS – Reporting Tip Income – Tip (Hahahaha)

Three things can help you correctly report your tip income to the #IRS:

•Keep a daily tip record.

•Report tips to your employer.

•Report all tips on your income tax return.