The home office deduction is used by both small businesses and employees, which allows a deduction for using part of your home exclusively and regularly for business purposes. This allows a percentage of certain expenses to become tax deductible or at least more tax favorable such as mortgage interest, property taxes, rent, utilities, homeowners insurance, […]
Archives for January 2015
Is Debt Really That Bad?
Is it bad to have debt? Should you pay off your debt early? What about credit cards? These are all questions to consider regarding your personal and business finances. Let’s take a look at the good and bad. If you view debt as a financial tool to help you to achieve your goals, then debt […]
New Car or Used Car?
When shopping for a car or truck, there are two big decisions to make: new car or used car and buy or lease. Let’s review the pros and cons of purchasing a new car vs. a used car, and we have written about buying vs. leasing in prior articles. New Vehicle Pros: The best thing […]