Tag Archives: BUSINESS TRAVEL DEDUCTION

Don’t take a vacation from tax planning

Don’t ignore your opportunity to save on taxes just because it’s summertime. Here are some summertime tips to keep your tax plans going. If you are a sole proprietor with children, you might consider putting them on the payroll during the summer months. Wages paid to your children under age 18 are not subject to social security and Medicare taxes.… (more…)