Deductions Archives - CPA IN MINNESOTA

28 09, 2018

Meals & Entertainment

David2018-12-17T20:47:07+00:00September 28th, 2018|Categories: BUSINESS TAXES|Tags: Deductions, Dues, Food, Party|

As many have heard, the new Tax Cuts & Jobs Act provides stricter limits on the deductions of business meals […]

27 09, 2018

David2020-02-05T06:07:05+00:00September 27th, 2018|Categories: PERSONAL TAXES|Tags: Charity, Deductions|

There are two kinds of charitable donations you can make: Cash and Everything Else.

27 09, 2018

David2018-12-17T21:08:56+00:00September 27th, 2018|Categories: BUSINESS TAXES|Tags: Business, Deductions, Self Employed|

If you are self-employed and you use part of your home for […]

27 09, 2018

David2018-12-17T22:05:28+00:00September 27th, 2018|Categories: BUSINESS TAXES|Tags: Automobile, Car, Deductions, Gas, IRS, Mileage, Repair, Service, Tax, Tax Tip|

If you use your car for business purposes, you may be able to deduct car expenses. You generally can use one of […]

27 09, 2018

David2018-12-17T22:13:05+00:00September 27th, 2018|Categories: PERSONAL TAXES|Tags: Deductions, Tax, Tax Tip|

Before the end of the year, take advantage of what is known as the annual gift-tax exclusion. This allows you to give […]