IBGR - RESULTS Radio Network. Everything a business owner needs to start, grow or exit a business. COME GROW WITH US.
Avoid the pitfalls many small business founders have to climb out of to grow and succeed. We here at IBGR know that you have the dream, you have the drive, we give you the information you need to make it happen.
Have a great business week.
Learn about the business expenses that are, and are not, tax deductible. Check out this article from Bench, written by Janet Barry-Johnson, CPA on October 19, 2019, called “The Big List of Small Busienss Tax Deductions (2020)”.
Many business owners feel overwhelmed by the number of tasks to complete to build their businesses. Sometimes the minutiae escapes notice, but can have meaningful consequences later.
What You Need to Know
Today we will talk about:
What You Need to Do:
Check out the IRS website for US small businesses here:
Deducting Business Expenses
For those of you in Canada, look here:
For those of you in Mumbai, cleartax offers the information that can get you started:
For those of you in Sydney, get your information here:
For those of you in the UK, check out your allowable deductions here:
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Next Show:Episode A1.010 Reading the Metrics
Written by Wendy Dickinson, MEd, ACC
* I am not a CPA and the recommendations given in this show do not constitute legal or financial advice. Seek professional advice for all legal and financial matters.
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