by Steven J Weil, PhD, EA, LCAM | Jul 11, 2022 | Blog, Business Tax
So, what is a qualifying meal and who can deduct it? Business meals are only deductible by the business. This includes partnerships, corporations, S corporations and sole proprietorships. The deduction for business meals is generally 50% of the actual expenditure...
by Steven J Weil, PhD, EA, LCAM | Jul 4, 2022 | Blog, Personal Tax
DID YOU KNOW: If you do short term rentals of 30 days or more per year for any two consecutive years in a row you could lose your homestead exemption. This could mean paying tax on a much higher assessed value. It has recently come to our attention that at least some...
