Business Tax Deductions, Credits, and Money Saving Advice

  • Business Tax Deductions, Credits, and Money Saving Advice

    Posted by Taxman on June 24, 2021 at 4:47 pm

    Post anything related to business tax deductions, credits or money saving techniques

    Dave Patrick replied 3 years, 10 months ago 2 Members · 2 Replies
  • 2 Replies
  • Taxman

    Organizer
    June 24, 2021 at 4:49 pm

    Here is an easy to read chart on 2021-2022 deduction rules regarding business meals and entertainment.

  • Dave Patrick

    Organizer
    July 11, 2021 at 3:20 am

    @Carlos I was finally able to more carefully read your material on business tax deductions and comparing it to the scope of the Federal Acquisition Regulations. The nuts and bolts of business tax deductions between commercial and federal are the same. What differentiates between them is the FAR, provides rules regarding activities such that: businesses are the seller and the Government is the buyer.

    To understand how these definitions are used in commerce requires a much more in depth look into the details. Stay tuned

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