Deductions

The Tax-Deductible Mileage Rate for Business Driving Increases for 2023

January 3rd, 2023|Categories: Accountant, Burns Firm, Business, Business Vehicle, Business Write-offs, CPA Dallas, CPA near me, Deductions, Tax, Tax Advisor, Tax Deductions, The Burns Firm|Tags: 2023 business mile rate, 2023 tax-deductible automobile miles, business miles I can deduct, CPA Dallas, cpa near me, tax-deductible mileage rate for business driving 2023, The Burns Firm|

The IRS has announced the 2023 optional standard mileage rates used to calculate the deductible costs of operating a vehicle for business, charitable, medical or moving purposes. Background: If you use [...]

Computer software costs: How does your business deduct them?

December 6th, 2022|Categories: Accountant, Accounting, Burns Firm, Business, Business Write-offs, CPA, CPA Dallas, CPA near me, CPADallas, Dallas CPA, Deductions, Services, Small Business, Tax, Tax Advisor, Tax Deductions, tax write-offs, The Burns Firm|Tags: business deductions, CPA Dallas, Deduct business expense, Software deductible for a business, tax deductions, The Burns Firm|

These days, most businesses buy or lease computer software to use in their operations. Or perhaps your business develops computer software to use in your products or services or [...]

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