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Still Making Money When Your Company Is Losing

Under section 1244, shareholders of domestic small business corporations can deduct a loss on the disposal of 1244 stock as...

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The Home Office Deduction

Avoiding unnecessary tax liability involves understanding many of the business-related deductions the IRS offers entrepreneurs. If you run your business...

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Employee v. Independent Contractor: What’s The Difference and Why Does It Matter?

They are certain factors that go into determining whether one is an independent contractor or employee, and it all depends...

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