Posts from August, 2016

  • Keeping Good Records Is Key to Deducting Business Expenses Keeping good records can pay off big if you deduct travel, business or transportation expenses. They will help protect you from the IRS if your return is ever examined and provide the proof your employer may require if you are reimbursed for business expenses under an ... Continue Reading
  • Get More from Your Tax Preparer Do you find yourself needing advice, a plan for the future, or a trusted resource to help you set goals and stay focused on achieving them? Padgett Business Services ┬« offers more than just tax preparation and monthly accounting services. We also provide strategic planning ... Continue Reading
  • Gain from Sale of Small Business Stock May Be Excluded from Income Small businesses have been the growth engine of the U.S. economy. Congress has provided a variety of incentives to encourage taxpayers to invest in small business, one of these being the exclusion of gain earned from the sale of qualified small business stock (QSBS). Small ... Continue Reading