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WORKING IN PUBLIC ACCOUNTING, YOU SEE A LOT OF THINGS
We’ve seen it all - from overflowing shoeboxes to tax-time panic. Let’s simplify your finances!
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Feeling overwhelmed by QuickBooks? Tired of juggling numbers at the end of a long week? Unsure of your financial health or dreading tax season? You're not alone! At Kane Accounting & Financial Coaching, LLC, we specialize in helping entrepreneurs just like you regain control over their finances.
With over 8 years of experience, we’ve transformed the bookkeeping chaos into streamlined systems that ease your stress and allow you to focus on what you truly love—growing your business. We understand the unique challenges faced by small business owners and are here to provide tailored solutions that fit your needs. Let us handle the financial details so you can spend your time where it matters most!
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I’ve mentioned many times how to know which business expenses are deductible. You can refer to this IRS guide. You can also remember these two words: ordinary and necessary. For an expense to be tax deductible, it must be an expense incurred in the ordinary course of business and necessary to achieve your business goal.
This month, I wanted to mention several expenses that many think are tax deductible but aren’t.