Posts Tagged ‘tax record keeping’

IRS Tax Relief News: Employee Cell Phones Get Tax-Free Treatment

Saturday, September 17th, 2011

The IRS announced yesterday new tax relief guidelines for a provision that allow small businesses the ability to claim a cell phone provided to employees by said business as tax-free without any arduous record keeping needed. The notice issued explains how the provision works in regards to employer purchased cell phones for employee use. It also goes on to explain that the IRS will not require the employer to provide
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A Tax Attorney’s Expert Tax Help is Only As Good As the Records You Keep to Substantiate Your IRS Deductions

Thursday, December 17th, 2009

Business owners and freelance professionals alike must be aware of the importance of keeping careful records of their business expenses in order for these tax deductions to be accepted. A good tax attorney can only do so much to help your case if you do not have strong evidence to support your tax claims.
I have blogged about news stories of unsubstantiated tax deductions in the past where taxpayers who were
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