#expenses
Track, categorize, and optimize business expenses effectively
IFTA returns are due quarterly on April 30, July 31, October 31, and January 31, and tax follows the miles you drove, not the fuel you bought. This guide shows owner-operators how to calculate fleet MPG, net taxable gallons, and surcharges, and which record-keeping habits survive an audit.
A walk through five tax-court rulings — Seacat's cat food, Wheir's body oil, ABBA's costumes, the Hess implants case, and Capone-style evasion — and the documentation, commingling, and "ordinary and necessary" rules they expose for small business owners.
The average small business now pays for 18 software subscriptions a month. Here is which categories actually matter in 2026, what to budget, and how to deduct each one correctly on Schedule C.
Данъчни облекчения за малкия бизнес в САЩ за 2026 г.: лимити, подкрепени от IRS, правила за служебно ползване и документи, които да съхранявате за пробег, храна, оборудване и оперативни разходи.
IRS рядко позволява приспадане на прически, грим или костюми. Научете двустранния тест и какво наистина отговаря на условията за данъчно приспадане в САЩ.
A practical breakdown of business expenses the IRS disallows in 2026—commuting, entertainment, fines, political spending, life insurance, and the gray areas that cause audit problems—with the Section 162 reasoning behind each rule.
Self-employed workers can deduct home office expenses on Form 8829, but millions miss it each year. Learn the exclusive-use test, how to calculate your business-use percentage, when to claim depreciation, and which method—simplified or regular—yields a larger deduction.
The home office deduction can save self-employed workers and small business owners up to $1,800 with the simplified method — or significantly more via actual expenses — but W-2 employees can't claim it. Here's how to qualify, calculate, and document it correctly without triggering IRS scrutiny.
A practical guide to every deductible employee benefit—health insurance, HSAs, retirement plans, life insurance, education, and bonuses—with 2026 contribution limits, IRS rules, and documentation requirements for small business owners.
The 2017 Tax Cuts and Jobs Act eliminated entertainment deductions while preserving 50% meal deductions—but the rules are strict. Learn what qualifies, the five IRS documentation requirements, the 2026 phaseout of on-premises meal deductions, and the common mistakes that cost businesses their deductions.
Тестът на IRS дисквалифицира костюмите и бизнес облеклото, но позволява униформи, защитно облекло, медицински престилки и брандирани артикули.
A step-by-step system for tracking business expenses year-round—covering account separation, expense categories, receipt capture, monthly reconciliation, and mileage logging to maximize tax deductions and withstand IRS audits.
