Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...

If you often have working lunches, you might be able to deduct 50% of those meal expenses. When you meet with partners, employees, or business contacts, consider doing so over lunch. As long as the ...

While you may have initially opted for the sole proprietorship or partnership structure for your startup business, these structures may not be practical once your business begins to grow and expand.

Discover tax-saving strategies for financial advisors, including deductions on business expenses, entity structuring, and maximizing retirement savings.

Top accountant Pauline Ho founder of Laus Consulting Services LLC in Orlando, FL, explains that many small business owners ...