Tax Tips & More
Tax Deductions for Dues and Expenses of Being a Mason or a Lion
Based on IRS regulations, club dues are generally not deductible if the organization’s principal purpose is to conduct entertainment activities for its members. However, there are exceptions for civic and public service organizations.
Create Biz Deductions for Your Timeshare
Considering offering your timeshare to your employees as an incentive? Here are 2 potential methods to help you achieve tax deductions for your timeshare.
Deducting Your Timeshare Stays as Business Lodging Costs
If you own a timeshare and use it only for personal and business lodging, you have a unique opportunity to maximize your tax benefits.
Create Tax-Free Fringe Benefit Deductions for Your Smartphone
I hope you can benefit from this fringe benefit opportunity related to business smartphones.
Tax Rules for Providing Free Meals and/or Lodging to Employees
If you’re wondering about tax-free treatment for employer-provided meals and lodging, you may find the following overview helpful.
Deducting Start-Up Expenses for a Rental Property
Are you interested in becoming a commercial or residential landlord? If so, you’ll likely have to shell out plenty of money before ever collecting a dime in rent. The tax code treats some of those monies as start-up expenses.
Best Practices When E-Filing Returns
Avoid future problems by following these best practices for e-filing.
Common Mistakes in Tax Preparation
Avoid errors that can occur when preparing tax returns by learning these common mistakes.
What Are Your Chances of Being Audited?
These red flags could increase your chances of the IRS selecting your return for audit.
June 2025 Tax Due Dates
June 10: Tips for May 2025 reported to employer
June 16: Estimated tax payment for 2nd quarter of 2025
June 16: U.S. taxpayers living and working abroad file 2024 tax return
June 16: U.S. taxpayers living and working abroad file form 4868 to request 4-month income tax return filing extension (payment of tax not extended)
June 16: Military personnel on duty outside the U.S. file 2024 tax return
June 16: Military personnel on duty outside the U.S. file Form 4868 to request 4-month income tax return filing extension (payment of tax not extended)
July 2025 Tax Due Dates
July 10: Tips for June 2025 reported to employer
August 2025 Tax Due Dates
August 11: Tips for July 2025 reported to employer