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Which Meal and Entertainment Expenses Are Deductible?

Many business relationships develop over a meal, and most entrepreneurs would readily agree that it’s worthwhile to track meal and entertainment expenses. Despite this, we commonly encounter clients that significantly underutilize the allowable meals and entertainment deductions on their tax returns. For many small business owners, such deductions should constitute a substantial line item on […]

Traits of Successful Entrepreneurs

Working as an accountant, I have been fortunate enough to work closely with a variety of business owners. Throughout my years, I have observed some common traits shared amongst my most successful clients: – They set goals and hold themselves accountable to these goals: An entrepreneur’s life is busy, goals will keep you focused. Put […]