Learn how to qualify for the home office deduction with clear rules like exclusivity, regular use, and administrative use, tailored to different business types.

Understand how to categorize qualifying expenses (100% deductible, partially deductible, or non-deductible) and apply methods like the Net Square Footage Method for maximum savings.

Discover the benefits of a home office in enhancing travel deductions and auto expense deductions by eliminating "commuting" costs.

Explore strategies for employing minor children in your home office, reducing family tax liability while building legitimate deductions.

Leverage the home office deduction to optimize deductions for sole proprietors, partnerships, and corporations through accountable plans and accurate reporting.

Learn audit-proofing techniques, including proactive documentation, compliance with IRS guidelines, and creating a defensible deduction strategy.

Maximize your home office’s tax advantages while staying compliant with IRS regulations

Discover how to legally rent your home to your business for up to14 tax-free days per year, reducing business taxable income while earning tax-free personal income.

Learn the eligibility criteria, including which business structures can use this strategy (corporations, partnerships, LLCs) and why sole proprietors are excluded.

Understand the difference between the Augusta Strategy and the Home Office deduction and how to use them together for maximum tax benefits.

Follow a step-by-step implementation guide, including setting fair rental rates, creating lease agreements, documenting meetings, and issuing 1099 forms for audit compliance.

Maximize tax savings with detailed insights into fair rental value calculation and audit-proofing techniques using templates and documentation tools.

Realize dual benefits: reduced business taxes and increased tax-free personal cash flow.

Equip yourself with tools and strategies to ensure compliance and successfully defend this powerful tax-saving strategy during an audit.

Learn the criteria for deductibility of business travel expenses, including the 51/49 rule for domestic and the 75% rule for overseas travel.

Master the five types of travel days (e.g., Work Day, Sandwich Day) to maximize deductions for transportation, lodging, and meals.

Explore tax rules for special travel scenarios, such as cruises and international trips, including pro rata calculations for mixed business and personal trips.

Discover how to deduct transportation costs, from flights to private vehicles, while ensuring compliance with IRS documentation requirements.

Leverage strategies like the Saturday Night Stay Rule to lower travel costs and increase deductibility.

Access tools and templates for audit-proofing travel expenses, including tax journals and detailed receipt tracking.

Maximize savings by properly documenting the business purpose, location, and cost of all travel-related expenses.

Understand the two main methods for deducting auto expenses: Standard Mileage Rate and Actual Expense Method, and learn to choose the most advantageous option.

Discover tax strategies for leasing vs. buying a vehicle, including depreciation benefits and cash flow considerations. Learn to maximize deductions by properly tracking business usage, maintaining detailed records, and leveraging overlooked deductions like interest on vehicle loans.

Explore advanced tax tips like using multiple vehicles for business, assigning vehicles to avoid SALT caps, and strategies for vehicle sales.

Determine eligibility for deduction methods, with insights on rules for leased vehicles, depreciation, and business fleets.

Audit-proof your auto deductions with meticulous mileage logs, linked business calendars, and effective sampling techniques for accurate record-keeping.

Gain tools and strategies to ensure compliance while maximizing cash savings from your vehicle’s business use.

Learn the qualification criteria for business meal deductions, including meeting the "ordinary and necessary" and "not lavish or extravagant" tests.

Understand the 50% deduction rule and its application to meals with clients, employees, or business associates.

Master the presence test to ensure the taxpayer or an employee must be present at the meal for the expense to qualify.

Separate meals from entertainment costs for compliance, as entertainment expenses are non-deductible under current tax law.

Discover practical tips for audit-proofing meal deductions, such as maintaining detailed receipts, noting business purposes, and documenting participants.

Ensure compliance by keeping clear records even for small transactions and learning to distinguish meal expenses from bundled entertainment costs.

Apply these strategies to maximize deductions while adhering to IRS regulations for business-related meals.

Learn how to deduct job-related education expenses for yourself, employees, and even your children, ensuring they meet IRS criteria for compliance.

Explore the rules for undergraduate and MBA programs, understanding when these expenses qualify as job-related and how to document them for tax purposes.

Take advantage of Section 127 Education Plans, allowing employers to provide up to $5,250 per year in tax-free education benefits to employees.

Understand exceptions and restrictions, such as ensuring educational benefits don’t qualify employees for a new profession, and eligibility criteria for using Section 127 for family members.

Discover audit-proofing techniques, like aligning education expenses with job duties and maintaining thorough documentation to substantiate deductions.

Leverage these strategies to provide valuable educational support while maximizing tax deductions for your business.

Explore strategies for deducting medical expenses, from health insurance for S Corporation owners to Section 105-HRA plans for small businesses and sole proprietors.

Learn how to implement Section 105-HRA plans, allowing business owners to deduct medical expenses for their family while adhering to IRS rules.

Understand the benefits of QSEHRA and ICHRA plans, providing small businesses with flexible, tax-efficient alternatives to traditional group health plans.

Maximize tax savings with Health Savings Accounts (HSAs), leveraging pre-tax contributions, tax-free growth, and portability for long-term medical expenses.

Navigate the complexities of deducting self-employed health insurance and comply with reporting rules for S Corporation health benefits to avoid audit risks.

Recognize the limitations of certain options like Health Care Sharing Ministries, which are not tax-deductible under IRS rules.

Gain insights into compliance and documentation to optimize deductions and ensure your medical expense strategy aligns with tax regulations.

Learn how prepaying eligible expenses can lower taxable income by taking deductions in the year the payment is made, not when the expense is incurred.

Understand the 12-Month Safe Harbor Rule, which permits deductions for prepaid expenses that benefit the business within 12 months or by the end of the next tax year.

Explore practical examples, such as prepaying malpractice insurance or office rent, while avoiding disallowed prepayments like loan interest or capital assets.

Discover how this strategy can help manage tax brackets, especially in years with higher-than-usual income, by strategically reducing taxable income.

Use expense prepayments to optimize the Section 199A QBI deduction, ensuring high-income professionals stay below income thresholds to maximize the 20% pass-through deduction.

Gain clarity on IRS-approved methods and prohibited expenses, ensuring compliance while leveraging prepayments effectively.

Benefit from actionable tips for integrating prepayments into your broader tax plan to reduce liabilities and enhance cash flow.

Introduction to Accountable plan.

Five Rules of the Accountable plan that can help you save Taxes in real time.

How to recognize typical eligible expenses.

Learn the eligible entities for accountable plans