Repairing or Improving your Business Property can Provide Tax Deductions

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Business owners may think that, if they repair a piece of tangible property, they’ll qualify for an immediate tax deduction. But the IRS may define that “repair” as an “improvement,” …

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Some Holiday Parties and Gifts are Tax Deductible

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Your business may want to show its gratitude to employees and customers by giving them holiday gifts or hosting parties. It’s a good idea to understand the tax rules associated …

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