Depreciation Deduction
Guest post by Accounting Today*: Business taxpayers who placed qualifying property in service during 2017 but haven’t claimed the new 100-percent depreciation deduction are running out of time to file the election with the IRS. Individuals and calendar-year corporations must... Read More →
What Are Deductions
Many times, when we read about deductions for a home business or a freelancer, we feel like we are reading directions to connect a dishwasher to our washing machine but with three different language translations. When an LLC chooses to... Read More →