If There Is a Recession, How Do You React?
…tax so long as they: Relate to your company’s business, Are deductible business expenses, and Can be properly substantiated. Other special rules may come into play. For example, if you…
…6 months of 2022. Taxpayers may use the optional standard mileage rates to calculate the deductible costs of operating an automobile for business and certain other purposes. For the final…
Manufacturing Safety Packs a 1-2 Tax Punch Generally, safety materials — including additional cleaning and disinfectant supplies purchased during the pandemic — are currently deductible as ordinary and necessary business…