Tips and Tricks
| 1. Giving gifts to clients is deductible up to per
client or customer. 2. The standard mileage rate for business in 2007 is .485 per mile. Trust me this can add up. 3. Keeping receipts or cancelled checks of donated cash is required. 4. Creating a list of donated items in GOOD CONDITION is needed with the receipt from the donation center. 5. Tax preparation books and programs are deductible. |
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