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20 Small Business Tax Deductions You Need to Know

xendoo

If you’re unsure, it’s a good idea to contact a tax accountant to verify whether or not they count as a tax deduction. Small businesses should have separate bank accounts and credit cards that are solely for company use. If a family member is under 21, you may not need to pay FUTA or federal unemployment tax for them. .

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Friday Footnotes: EY Pulls Out of Winston-Salem; Clients Exposed in Data Breach; Deloitte Olympians | 7.14.23

Going Concern

Prior to joining DLA, John served as a Partner with two National professional services firms, where he was the subject matter expert on business combinations, impairment analysis, income tax accounting, stock compensation, revenue recognition, and going concern analysis.