Five Home Office Deduction Mistakes

Posted on 17. Jul, 2017 by in Bookkeeping Articles, Small Business Tips

If you operate a business out of your home, you may be able to deduct a wide variety of expenses. These may include part of your rent or mortgage costs, insurance, utilities, repairs, maintenance, and cleaning costs related to the space you use. It is a tricky area of the tax code that’s full of […]

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Understanding the Meal and Entertainment Expense

Posted on 12. Feb, 2015 by in Bookkeeping Articles

You would think that the Meal and Entertainment expense item would be a pretty straightforward business expense but I can tell you there is a lot of confusion around this deduction and the complexity of the IRS code doesn’t make it any easier for professional tax preparers as well. The Entertainment Expense: There are many […]

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App of the Month: Receipt Match by American Express Open

Posted on 09. May, 2013 by in VirtualConnections Newsletter, Windows Resources/Tips

Receipt Match is an app created by American Express Open for your business credit card account. All you do is snap a photo of your AMEX credit card receipt, add some notes if needed and then let Receipt Match do the rest. It will match the receipt with the corresponding transaction on your online statement. […]

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