Remove business accounting Remove Gaming Remove tax planning Remove tax return
article thumbnail

Summer Marketing Initiatives for Small to Mid-Sized Accounting Firms

CPA Practice

Host Informative Workshops: Organize free, educational workshops on financial wellness, tax planning, or small business accounting. Client Appreciation Events: Host an event specifically for thanking clients, such as a barbecue or a day at a local baseball game. These events show appreciation and foster loyalty.

article thumbnail

Top 5 Write Offs for New LLCs in 2021

LyfeAccounting

BUT, similar to the home office deduction, you can only write the business use of your cellphone. So if 80% of the usage of your cellphone is for business purposes, you can only write off 80% of the cellphone and monthly service on your tax return. So, it can be greatly beneficial to be taxed as an S-Corporation.

Tax 52
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How to Pay ZERO in Taxes with Real Estate

LyfeAccounting

?. Are you tired of paying taxes? Taxes stink. But recently, I heard that some people pay very little in taxes. In fact, the president’s tax returns show he paid just $750 in federal income taxes in 2016 and 2017. Know the game and increase your chances of dominating the game. Yeah me, too.

article thumbnail

How to Write Off Your Dream Car Tax Free in 2021

LyfeAccounting

So we’re not going to use a bunch of tax jargon you will read on other blogs. Instead, we are going to do our best to make this a very simple guide so that you can follow and implement this yourself on your next tax return. Again be creative and figure out how you can incorporate your dream car as a part of your business.

Tax 52