Tag Archives: Corporate Tax

Small Business Life Insurance

Life insurance coverage for a small business helps to perpetuate the business. Technically, individual life insurance is coverage for a business owner’s family. This insurance provides a business with a defence against a distressed sale. Benefits of this insurance-security for … Continue reading

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Food, Beverages and Entertainment expenses

Small business owners can deduct 50% of meal and entertainment expenses for clients against business income. Must keep names of the client entertained and their phone number. Personal meals and entertainment and during travel are non deductible. The entire expense … Continue reading

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Important considerations before you choose a tax firm

As a premier tax firm, I thought it would be useful to educate and safe guard the public with the following hints – A client must never be asked to sign a blank tax return Tax is complicated and it … Continue reading

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