Business Expenses Archives - Page 8 of 18 - FREE Yourself from IRS Problems

Shamsey Oloko December 28, 2016 Business Expenses, Deductions 0

Your Business Loses Money; Tax Benefits or Concerns?

I’m often asked by nervous new business owners if they can recover a tax refund for a business loss. Receiving a tax benefit from a business loss depends on the type of entity formed and whether the investment in the business…

Cutting Someone Else’s Losses: Conway Twitty & Twittyburger

Harold L. Jenkins, better known as the legendary country music singer, Conway Twitty, was able to accomplish something few before and after him have accomplshed, or even attempted for that matter. That is, pay back those who lost money as…

Shamsey Oloko September 22, 2016 Business Expenses, Business Tax Credits, Deductions, Income Exclusions, Qualified Education Expenses, Tax Credit 0

Finally! Congress Enacts Tax Extends Part 5

The Consolidated Appropriations Act of 2016, enacted Dec. 18, 2015, extends a long list of expired tax provisions into the future. Unlike past extension legislation, Congress extended many provisions permanently. In more traditional fashion, some of the others were extended…