Remove Advertising/ Marketing Remove business tax Remove Non-Profits
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What Types of Advertising/Marketing Expenses Can Small Businesses Deduct?

Ronika Khanna CPA,CA

You can use whatever nomenclature gives you the most clarity when reviewing your profit and loss and other expense reports. You can deduct all the expense if your advertising is directed at a Canadian market and the original editorial content in the issue is 80% or more of the issue's total non-advertising content.

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Coca-Cola Appeals $6 Billion IRS Decision in Prolonged Tax Dispute

Withum

Coca-Cola Case Overview The tax court decision on the Coca-Cola case demands the reallocation of profits to Coca-Cola’s U.S. The IRS argued that Coca-Cola’s transfer pricing position resulted in an improper allocation of profits, leading to an understatement of income to Coca-Cola U.S. headquarters.

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Why Hiring a Tax Pro Boosts Your Small Business (and Saves You Money)

MyIRSRelief

Navigating complex tax codes, understanding specific forms like 1120, 1120S, and 1065, and ensuring compliance can feel like deciphering ancient scrolls. Here’s where a qualified business tax professional becomes your secret weapon. This article dives deep into the critical role of tax professionals for small businesses.

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