Tax and accounting in Phoenix, AZ
If you own a profitable, unincorporated business with your spouse, you probably find the high self-employment (SE) tax bills burdensome. An unincorporated business in which both spouses are active is …
Continue Reading about 2 ways spouse-owned businesses can reduce their self-employment tax bill →
Working from home has become commonplace. But just because you have a home office space doesn’t mean you can deduct expenses associated with it. And for 2018, even fewer taxpayers will be eligible for …
Continue Reading about Can you deduct home office expenses? It Depends… →
The Tax Cuts and Jobs Act (TCJA) enhances some tax breaks for businesses while reducing or eliminating others. One break it enhances — temporarily — is bonus depreciation. While most TCJA provisions …
Continue Reading about The TCJA expands bonus depreciation →
