Small Business Tax Deduction Strategies: 10 tips on Section 179, home office write-offs for the self-employed, tax deductions for vehicles, rental depreciation, real estate capital gains and more!

To fill coffers, states crack down on sales-tax cheats

Several states, including Illinois, California, Massachusetts and New York, are getting tough on employers that violate sales-tax laws, according to an Associated Press report.

Reason: “As their budgets quickly hit the skids and the pressure is on, they’re going to be looking to see where those dollars are,” says Verenda Smith of the Federation of Tax Administrators.

Researchers at the Tax Foundation say smaller businesses tend to be the biggest tax evaders and, therefore, are prime targets for increased collections. 

Small Business Tax Deduction Strategies: 10 tips on Section 179, home office write-offs for the self-employed, tax deductions for vehicles, rental depreciation, real estate capital gains and more!

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