Brady and Associates, LLC

Serving your financial needs today and tomorrow

If you own a small business, there are various deductions that may be available to you.  Below are a few of those deductions.

Standard Mileage or Direct write off?  Which is best for your business?

Is your help independent consultants or employees? Before you can know how to treat payments you make for services, you must first know the business relationship that exists between you and the person performing the services.

Type a description of the project, client, or activity. Change the picture to one of your own, such as a picture of the project.

Fixed assets are written off over the useful life of the business asset.  In certain circumstances assets can be written off in the year of purchase.  What can you expense and what must you depreciate?

Automobile Deductions            

Home Office

Employee or Independent Contractor

Fixed Asset depreciation and Section 179 deductions

Business Tax Notes