Jul 04
Submitted by Chris Moss CPA Most taxpayers deduct medical expenses on their tax returns either as individuals or through businesses. Deductions like health insurance premiums or doctors and dentists fees are pretty black and white if you are being treated for illness. But what about that gray area of preventative medicine including supplements, gym memberships …
Jun 27
Submitted by Chris Moss CPA All taxpayers who own their own business deduct travel and transportation on income tax returns as either a business expense for themselves or as a reimbursement to their employees or subcontractors. However, many honest hardworking business owners are reluctant to deduct the full extent of their travel, transportation, and related …