There’s been an explosion of on-demand apps that deliver food straight to your doorstep. Of course, this is a well-worn tradition for pizza restaurants. Can the pizza delivery drivers and on-demand food deliverers claim their mileage on taxes?
The R&D tax credit is a governmental incentive designed to encourage research and development activities in the US. This credit offers a dollar-for-dollar reduction on federal taxes for […]
Living abroad as a self-employed U.S. expat comes with unique financial benefits, one of which is the Foreign Housing Deduction. This deduction can significantly lower your taxable income by allowing […]
SECURE Act 2,0 with over 60 provisions mostly all related to retirement plans, was enacted December 29, 2022 as part of the Consolidated Appropriations Act, 2023 (P.L. 117-238). I maintain a table of […]
KEY POINTS OF IRS DEFINITION: General Area of Business Activity: The IRS defines your tax home as the “entire city or general area” of your regular workplace or place of business, regardless of where […]
Historical and New Energy Credits Indicate “Potential” New Tax Strategy Historically, the Code provided two types of credits for renewable energy projects. The first being the production tax credit […]
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