S-Corp Deduction for Home Office

Taking a deduction for home office expenses is trickier for an S Corp business but it it still a legitimate deduction if done properly.  It is important that you carefully structure the relationship between yourself and the S corporation.  Done properly, the deduction...

Fake Charity Scams Related to Hurricane Harvey

It is no surprise that criminals are taking advantage of Hurricane Harvey and those generous people that are trying to to help the victims. These scammers often impersonate charities to collect cash directly or use the fraudulent identities to collect personal...

Tax Deductions for Volunteer Expenses

Volunteering at local charities, such as your PTA, may give you some valuable tax breaks, such as deductions for mileage, travel expenses and out-of-pocket expenses.  There are rules of course, that you must adhere to. The IRS allows you to deduct expenses associated...