Posts Tagged ‘tax-deductible’

Get the IRS Tax Benefits You’re Entitled to and Avoid Tax Penalties by Documenting Your Business Expenses

Monday, July 13th, 2009

Keeping a consistent and clear record of your business expenditures is not only good business practice; it will also ensure you to receive the full amount of tax deductibles to which you are entitled. If you use your car for your business, it is extremely crucial for you to keep a clear record of the mileages you drive for your business each time you use it.
Recently, a self-employed individual was
[Read More]

Evading Taxes on Your Tax Return - The Money You Save is Not Worth the IRS Problems You End Up Causing Yourself

Tuesday, June 30th, 2009

In economic times when people are strapped for cash, it is tempting to cut corners when filing taxes in order to save some of your disposable income. After all, small tax savings from many different areas can add up to a substantial amount of money. However, no matter how tempting tax evasion may seem - whether it is small or large in sum - it is a terrible financial strategy
[Read More]