Author name: Nicholas M. Larson, CPA

autos-technology-vw-multi-storey-car-park-63294-63294.jpg

Common Missed Deductions – Car & Truck

Leave a Comment / Business Taxes / By Nicholas M. Larson, CPA

A lot of people commonly overlook the car & truck deductions because they are either unaware of the deduction or it is too complicated for them to figure out! The IRS lets taxpayers take a deduction based on actual expenses or a standard mileage rate for driving for business purposes. For 2023 the rate is […]

Common Missed Deductions – Car & Truck Read More »

Importance of proper bookkeeping and receipt retention

Business Taxes / By Nicholas M. Larson, CPA

Do you worry about if your books would survive an IRS audit? I used to be an IRS Revenue Agent in the Small Business/Self-Employed (SBSE) Division. My whole job used to be looking through financial records of small businesses (entities with gross receipts under $10 million per year) and self-employed individuals to see if the

Importance of proper bookkeeping and receipt retention Read More »

Author name: Nicholas M. Larson, CPA

Common Missed Deductions – Car & Truck

Importance of proper bookkeeping and receipt retention

We are dedicated to helping businesses and individuals navigate the complex world of tax & accounting

(817) 601-1040

info@larson.cpa