Ordinary and Necessary Expenses Archives - Page 3 of 8

Customer Based Tax Incentives For Businesses

Taking advantage of tax incentives makes good sense for businesses. One reason a business owner should use tax incentives is to help underwrite the cost of maintaining its existing customer base, while continually striving to increase it. Whether a sole…

Shamsey Oloko February 1, 2017 Corporate Tax, IRC Section 162, Ordinary and Necessary Expenses 0

Tax Treatment of Business Entities Part 4: C Corporations

Startup business owners must consider the legal and tax considerations associated with selecting a particular type of business structure. This is the fourth part of a series of blogs on the tax treatment of business entities. This blog will address…

Shamsey Oloko January 27, 2017 Business Expenses, Corporate Tax, Limited Liability Companies, Ordinary and Necessary Expenses, Taxable Income 0

Tax Treatment of Business Entities Part 2: LLCs

Startup business owners must consider the legal and tax considerations associated with selecting a particular type of business structure. This is the second part of a series of blogs on the tax treatment of business entities. This blog will address…