Monthly Archives: December 2020


Tax Deductions: What You Should Know

Tax Deductions: What You Should Know

BUSINESS-RELATED TAX REDUCTIONS When we talk about taxes, you should think about the amount left over after deducting certain expenses, not the revenue you take in. That will determine your tax profit. Business costs are deductible; however, there may be limits on the amount or the timing for claiming the deduction. Business expenses can be......