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Wayne Davies, EA

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How Are LLC’s Taxed?

by Wayne Davies, EA on November 3, 2011 4:08pm

in Tax Matters

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Looking for a way to let the government subsidize your next vacation? Read on.

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It’s August. It’s hot. What’s a small business owner to do? The lazy hazy days of summer are the best time to increase your tax knowledge, maximize your tax deductions, and slash your tax bill.

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Wondering how to reduce your taxes without running afoul of the IRS? Here’s five legal tax-slashing strategies guaranteed to make your day brighter and your tax liability lower.

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The IRS has increased the mileage rate for business use of a vehicle — effective July 1, 2011.  Read on for details. 

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Getting ready to donate used items to your local charity but not sure how to determine it’s value for tax deduction purposes?  Read on.

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