If you aren’t careful, you might just find yourself cutting into your profits.
If you travel for business, you will want to ensure that the expenses you incur while doing so are tax deductible.
Bringing on a CFO or a controller to handle the financial operations at an auto dealership is a big decision
If your use of a home office is for your employer’s benefit and it’s the only use of the space you can take deductions
If you’re not in compliance, this penalty could put you out of business.
You may owe state and local taxes to some of those states, even if you do not realize it.
What’s the lifetime value of a customer?