by Ryan Burke, CPA, MSF | Aug 4, 2022 | Tax
These days, most businesses have websites. But surprisingly, the IRS hasn’t issued formal guidance on when website costs can be deducted. Fortunately, established rules that generally apply to the deductibility of business costs provide business taxpayers launching a...
by Brian Hare, CPA, CGMA | Jan 27, 2022 | Tax
While some businesses have closed since the start of the COVID-19 crisis, many new ventures have launched. Entrepreneurs have cited a number of reasons why they decided to start a business in the midst of a pandemic. For example, they had more time, wanted to take...
by Brian Hare, CPA, CGMA | Jul 20, 2021 | Tax
Despite the COVID-19 pandemic, government officials are seeing a large increase in the number of new businesses being launched. From June 2020 through June 2021, the U.S. Census Bureau reports that business applications are up 18.6%. The Bureau measures this by the...
by Brian Hare, CPA, CGMA | Nov 9, 2020 | Tax
The business use of websites is widespread, and you are likely to have business website costs associated with that. But surprisingly, the IRS hasn’t yet issued formal guidance on when Internet website costs can be deducted. Fortunately, established rules that...
by Brian Hare, CPA, CGMA | May 7, 2019 | Business, Tax
Have you recently started a new business? Or are you contemplating starting one? Launching a new venture is a hectic, exciting time. And as you know, before you even open the doors, you generally have to spend a lot of money. You may have to train workers and pay for...
