Posted by Mark On January 26th
The expense for meals and entertaining clients, customers or employees can qualify…

This is part 6 in my 7 part series “7 Things Every Small Business Owner Needs To Know”. You can download this entire series in my eBook on my web site – www.Makara-Assoc.com.
…as an ordinary and necessary business expense, usually limited to a 50% tax deduction of the total cost.
Read the rest of this entry »
Posted by Mark On December 16th
I work with a number of business owners who, over the years, have learned tax planning CANNOT be done effectively in February, two months after most year-ends.

This is part 2 in my 7 part series “7 Things Every Small Business Owner Needs To Know”. You can download this entire series in my eBook on my web site – www.Makara-Assoc.com.
Tax planning is a year round activity.
Questions such as:
Read the rest of this entry »