Record Keeping & Taxes

Good News About Home Improvements

Have you remodeled your kitchen, bathroom, or downstairs playroom in your home? Added a deck or central air conditioning? Replaced a furnace? If so, there is good news! Several recent IRS rules may allow you to deduct these expenses in… Read More ›

Bonus Depreciation Rule Explained

What is bonus depreciation? It’s a rule that allows family child care providers to depreciate certain items faster, giving them bigger deductions in the first year they purchase items costing more than $2,500. Congress has passed various versions of this… Read More ›