Your business may be sitting on an important tax deduction—and you may not even realize it. The deduction lies in your excess, overstock inventory. By donating that...
Donating excess inventory benefits businesses
Tax Code & Writing Off Inventory
If your business has an inventory, its value is an important part of your taxable income. Writing off inventory that's damaged, stolen or unsellable can cut your...
Startup Cost Tax Deductions – How to Write Off the Expense of Starting Your Business
Did your business incur expenses before you were technically “open for business”? Did you know that you can write off some of these expenses against your business...
STRATEGIES FOR YOUR BUSINESS’S EXCESS INVENTORY
If you have items that have been sitting on your shelves for some time, it's costing you money. You're paying storage and other costs and you're missing...
7 Top Tax Deductions for Your Small Business
1. New Equipment Some small businesses can write off the full cost of some assets in the year they buy them, rather than capitalizing them -- deducting...