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20 Essential Tax Facts for Small Business Owners

Ronika Khanna CPA,CA

Rent, Utilities, Insurance, property taxes incurred for office for factory space Office supplies, postage, courier costs Conference expenses including travel , business trips etc. Corporations are separate entities and as such losses cannot be deducted against personal sources of income.

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Tax Deductions Guide 2021

inDinero Tax Tips

Claiming deductions can save your company thousands of dollars in income taxes. If the thought of filing your taxes is enough to make you sweat, you’re not alone. . The IRS announced a plan to increase audits for small businesses by 50% for the 2020 tax year. Our CPAs Answer Your Top 5 Burning Tax Questions.

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Friday Footnotes: Staffing Disasters; Let’s Rag on EY; A Warning For Tax Practitioners | 4.14.23

Going Concern

Deloitte Can Keep $343 Million TSA Employee Support Contract [ Bloomberg Tax ] Accenture Federal Services LLC lost its protest to Deloitte’s Transportation Security Administration contract award after the GAO rejected arguments that the agency did not properly evaluate whether the corporate officers were appropriate for the job at hand.

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