Donating to Disaster Relief? What you need to know.

With the wildfires still raging in Northern California, and numerous states and territories still devastated by multiple hurricanes, many of my family, friends, and clients are talking of donating to help those affected. Some even mention a tax deduction as a benefit of donating. While this can be true in some situations, if the deductibility…

Direct Sales and Income Tax

Lularoe Fashion Retailer, Scentsy Consultant, DoTerra Wellness Advocate, Avon Representative, Rodan + Fields Consultant…even Tupperware. There are many names and opportunities, but it all comes down to the same thing – you have a small business. Businesses have their own sets of rewards and challenges, including special requirements for your tax return. It’s not just you…

Can firefighters deduct meals on duty?

In a word – No.  There’s a very specific, uncommon exception I’ll tell you about later.  But for most of you, even if the guys around the table at the firehouse tell you it’s ok, it’s not. So first, where does this idea come from? The IRS says: “Meal expenses are deductible if your business…