Deductions

/Tag:Deductions

Deducting Business Charitable Contributions

By | October 18th, 2017|Categories: Small Business Tax and Accounting|Tags: , , |

Let's look at how to account for charitable contributions made through your business.

Comments Off on Deducting Business Charitable Contributions

Are Discounts Given to a Not-for-Profit Deductible?

By | January 26th, 2017|Categories: Small Business Tax and Accounting|Tags: , |

The short answer is, there's really no special documentation you need, because it's technically not a charitable deduction.

Comments Off on Are Discounts Given to a Not-for-Profit Deductible?

Is a Rent Reduction Tax Deductible?

By | August 17th, 2016|Categories: Small Business Tax and Accounting|Tags: , |

A reduction in rent is not deductible for the landlord, but the landlord does get a tax benefit in a way.