Twitter Tax Tips #11
Expense it! In 2008, businesses can expense up to $250,000 of §179 property instead of depreciating. #TwitterTaxTip
(For more on twitter tax tips, see my prior explanatory post.)
Expense it! In 2008, businesses can expense up to $250,000 of §179 property instead of depreciating. #TwitterTaxTip
(For more on twitter tax tips, see my prior explanatory post.)
Kelly Phillips Erb, known as Taxgirl, is a tax attorney, writer, and speaker who explains taxes, IRS news, financial crime, scams, and the law in plain English.
We are a Mac household. And a Mac family. Before you judge, rest assured that it wasn’t that cute Justin Long that influenced our decision. We were all-Mac before it was cool. My husband was a Drexel grad back in the 1980s when Drexel standardized the Apple and has been addicted obsessed hooked a fan…
The fabulous Wendy Piersall (now of sparkplugging.com in case you missed the re-branding announcement) posted a list today of Twitter Moms (the list is here – check it out). I’ll confess. I’m a Twitter-freak. I do enjoy trying to sum up my day in 140 characters or less – it helps me clear out the…
It’s my annual Taxes from A to Z series! If you’re wondering how to figure basis for cryptocurrency or whether you can claim home office expenses during COVID, you won’t want to miss a single letter. O is for Ordinary and Necessary. To claim a deduction for business expenses, Section 162 of the Tax Code…
Whew, it’s nearly mid-December already. How did this happen? The month has flown by so quickly that I haven’t had time to thank the editors of the ABA Journal for selecting taxgirl as one of the Blawg 100, the top 100 best law blogs by lawyers. The ABA said, about my blog: Kelly Phillips Erb…
Taxpayer asks: Hi, Just wondering if I have multiple jobs one year, can I not declare taxes if what I earn from each individual job is less than $600, or does what I make from all the jobs added together have to be under $600? And what if its at the $600 mark; does it…
It’s National Payroll Week. Here are 10 things workers and employers should know about withholding, payroll taxes, worker classification, records, and more.