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Category: Tax Tips

Tax Deductions For Your Vacation Home

November 17, 2014

The best type of income is tax-free income. Ordinarily, any rental income you receive is taxable. However, there is one little known exception that can be particularly useful this time of year. You can rent out your vacation home for up to 14 days per year and all the rental income you receive is tax […]

New Year’s Resolution – Lose Tax Weight! (Webinar Recording)

November 17, 2014

Each year individuals, families and business owners may struggle with managing and reducing their tax burden. Learn strategies and tools that may be utilized to make this holiday season both joyful and tax efficient! Learn About: Kids on Payroll Alternative Investments Pension Planning Insurance Planning Tax Planning Charitable Interest Business Planning Real Estate Planning Setting […]

Hiring Family and Your Small Business Corporation

September 18, 2014

How To Make Hiring Family Work For Your Small Business So why not look close to home and hire your kids? Start the youth of America off right by showing them the worthwhile opportunities that result in a job well done, not to mention your company can write off their wages. If you choose to […]

Tips for Your Trip: Strategies to Smart and Savvy Business Travel

May 23, 2014

Here, there and everywhere. When is travel really deductible? When is travel classified as business or personal? This is a question that has been asked throughout the ages. The fact is the IRS has come up with some pretty strict if not overly thought out rules to make this designation. To keep it simple we […]

Do You Need To File For An IRS Tax Extension This Year?

April 11, 2014

Email Kayla Boles at kboles@corporatetaxnetwork.com if you would like help in filing for an extension. At times, it can be tough to keep up with the fast-moving hands of a clock and the constantly turning pages of a calendar. When it comes to filing your taxes with the IRS, however, it is important to meet your IRS […]