Tax Deductions

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Financing a Small Business, Part 4 of 5: Don’t Spend Money Just to Get Tax Deductions

By | March 16th, 2015|Categories: Small Business Tax and Accounting|Tags: , , , , |

When financing a small business, it's bad planning to do something just because it's tax deductible

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From the Archives: Having a Side Business in Multi-Level Marketing Doesn’t Make Personal Expenses Deductible

By | November 26th, 2014|Categories: From the Archives|Tags: , |

Having a side business in multi-level marketing doesn't make personal expenses tax deductible

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Iowa Taxpayers Can Claim Some 2010 Deductions on 2011 Return

By | July 4th, 2011|Categories: Small Businesses Taxes, State Taxes|Tags: , , |

Taxpayers affected by the last-minute changes to Iowa tax law this past filing season will have the option of claiming deductions such as educator expenses, tuition and fees deductions, and Section 179 expenses in excess of $134,000, on their 2011 returns rather than filing amended 2010 returns.  This provision was included in the budget bill passed [...]