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Keep in mind that regardless if you operate your business out of your home or an office, you can deduct charitable gifts or donations, memberships to professional and trade organizations, and subscriptions to professional and trade publications Also, here are seven often overlooked tax deductions (see IRS Guide): Mileage.
The standard method in 2015 it is 57.5 cents per business mile plus tolls and parking.
You can do it online, through the mail or over the phone. But remember that an extension is only for filing, not for paying any taxes you owe.
So, if you are going to owe your Uncle Sam, then you’d better make an estimated payment.
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Don’t forget business records and any other papers that prove deductions.
Tax representatives Selig & Associates note that IRS Section 162 states that there shall be allowed as a deduction all the ordinary and necessary expenses paid or incurred during the taxable year in carrying on any trade or business, including: (1) A reasonable allowance for salaries or other compensation for personal services actually rendered; (2) Traveling expenses (including amounts expended for meals and lodging other than amounts which are lavish or extravagant under the circumstances) while away from home in the pursuit of a trade or business; and (3) Rentals or other payments required to be made as a condition to the continued use or possession, for purposes of the trade or business, of property to which the taxpayer has not taken or is not taking title or in which he has no equity.
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The resident seabirds have just started to settle in to prepare for another nesting season on Seal Island NWR!
Terns are performing in-flight courtship displays while puffins are head tossing and calling loudly from the waters nearby.
Zumo is a plush, stuffed turtle children use to interact with the apps.
Pressing down on Zumo’s back is one way to interact, as per Howard’s demo.
(Image: Zyrobotics) For Howard, a seasoned scientist, the goal of Zyrobotics is clear and personal to her.