Sarah Articles

Can I claim professional association membership fees as a deduction?

Yes, membership fees for professional associations are typically deductible if they directly relate to your business. This can help reduce income subject to quarterly tax payments, so ensure accurate record-keeping...

How can I allocate household energy expenses for business use...

You can allocate household energy costs proportionally to the area used exclusively for business, like a home office. As you prepare for 2024 estimated tax due dates, calculate the percentage...