As a Corporation You Need to Follow the Rules

blog business tax Jul 24, 2021

When you started your business, you may have formed a corporation to protect your personal assets from lawsuits against your company. However, you must also operate your business like a corporation -- or risk losing the liability protection you expect to have.

No matter how long you've been in...

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Maximizing Home Office Deduction

blog business tax Feb 23, 2021

Generally personal expenses such as mortgage interest, real estate taxes, insurance, utilities and maintenance are not deductible as a business expense. However, if you are self-employed (small business owners, real estate professionals, contractors, etc.) and work from home, you may be eligible...

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