Business Owners Need To Know This!

In this video, I talk about common questions I get from business owners so I thought it would be good to share!
1. Do I need to keep receipts?
2. Do I need a separate checking account for my business?
3. What kind of meals are deductible?
4. Can I buy a car for my business? Should I?
5. Can I buy gifts for clients and deduct them? What about for employees?
6. Can you take clients and colleagues to sports games and deduct them?
Check out our other videos related to personal finances and tax, as well as business finances and tax.
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Budgeting Playlist:
• Budgeting
Winning in Business Playlist:
• Winning in Business
Tax Playlist:
• Tax
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• EIDL Information
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This video is for entertainment purposes only. The information portrayed in this video should not be considered as tax or legal advice. Consult with your own tax professional and attorney to get proper advice for yourself.
• Business Owners Need T...

[@NguyenCPAs]

Thanks for watching!

[@BlakeWashington_]

helps a lot! thank you

[@abejaz5122]

Can you explain more on buying vehicles

[@abejaz5122]

What all exactly can and cannot be duducted

[@wako145able]

Hopefully you can help me answer my question, is paying interest on a HELOC worth the tax deduction? Thanks.