Tag: tax lien

The Craziest Things Small Business Owners Try to Deduct

As a small business owner, you want to take every legal tax deduction you can to lower your tax bill. But lingerie? A petting zoo? Daily breakfast eaten at your desk? As it turns out, out one of those three items passed IRS scrutiny, proving that what’s crazy for one business to try to deduct might turn out to be fine for another. Firearms was a popular response mentioned by several experts asked to share some of the unique items… Read More