The U.S. Taxes Blog

Since most people that are audited because of missing records, not because of dishonesty, the key to avoiding the tax man is to have organized, efficient systems to keep your business income in check.
Here’s a solution for you.  Separate all of your documentation by categories.  You may want to consider categories for advertising, travel, auto […]

Those consider capital expenses are wondering, how do I know if something falls under a capital expense or a current expense?
It is a perplexing consideration.  Under tax law, anything that will help you to generate a business income over several years is considered a capital expense.  For example, if you invest in a copier for […]