TaxAudit Blog

Tag: business expenses

man with a calculator

If you have unreimbursed business expenses as an employee, then those expenses are generally no longer deductible on your 2019 federal tax return.

Read More ›

Receipts

Even if you cannot deduct your unreimbursed business expenses for your federal return, you may still be able to deduct them for your state return.

Read More ›

distressed business owner looking at paperwork

The fact is that running your own business increases your chances of being audited by the IRS or your state tax agency.

Read More ›

Coworkers looking at a laptop over lunch

Deductions for expenses considered to be entertainment, amusement or recreation have basically been eliminated except for the deductibility of business meals.

Read More ›

This blog does not provide legal, financial, accounting, or tax advice. The content on this blog is “as is” and carries no warranties. TaxAudit does not warrant or guarantee the accuracy, reliability, and completeness of the content of this blog. Content may become out of date as tax laws change. TaxAudit may, but has no obligation to monitor or respond to comments.