Guide: Travel Expense Deductions

Guide: Travel Expense Deductions

Many taxpayers have the same question when it comes to travel, meal, and vehicle expenses. “These expenses are tax-deductible, right?” As is the answer to many tax-related questions, it depends. In order to deduct travel, meal, and vehicle expenses, they...
Guide: Exercising Corporate Due Diligence

Guide: Exercising Corporate Due Diligence

Proper due diligence ensures the benefits of the business structure will be upheld if challenged from a legal or tax standpoint. Electing to be taxed under a corporate structure requires certain formalities. As the old adage goes, if you are going to call it a duck,...