The total cost of manufacturing and delivering products or services to consumers.
A humorous look at the IRS form that had employees dreaming of deductions!
Understanding Home Office Expenses and Tax Deductions
A fun dive into the cash account that keeps small expenses in check!
Understanding allowable deductions under IRS Publication 463 for travel, gifts, and automobile expenses related to business activities.
Understanding Ordinary and Necessary Expenses in business and their tax implications.
A deep dive into the IRS Publication 535 covering business expenses and deductions.
Understanding the costs that vary with production and sales.
An accounting action to reduce the value of an asset while debiting an expense account, often to lower an annual tax bill.
