Small Business Deductions

Comprehensive guide to the home office deduction, including eligibility requirements and calculation methods.

Clarifying whether Starbucks purchases can be considered a business expense under IRS guidelines.

Criteria for deducting clothing costs for client photoshoots, including what qualifies as a legitimate business expense.

Details on the $25 tax deduction limit for business gifts per person or couple, and how to apply it.

Overview of the standard mileage deduction, including rates, eligibility, and record-keeping requirements.