Archive for Category: Business

Deductibility of Meals and Entertainment

Making sure you get credit for all your deductions is essential when you are running a business. The IRS issued new guidance regarding the deductibility of meals and entertainment expenses in October 2018. The new guidance indicates that taxpayers are still allowed to deduct half of their food and...

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How Do I Organize A Business in The United States?

Organizing your business protects your entire company. There are many reasons why you should organize your business, and these include tax purposes and protection against possible legal disputes. Another benefit of organizing your business is that it makes it easier for your business to obtain things such as insurance,...

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