| Starting Your Own Business? |
Here are a few quick tips to help you reduce taxes Open a separate business checking account. Many small business owners don't realize the complications that can arise from using their personal checking account to pay for business expenses. If business expenses are mixed in with personal expenses, the IRS may disallow them. |
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| Overlooked Employee Business Expenses |
| Don't miss out on deductions you are allowed to take Unreimbursed employee business expenses are allowed as a miscellaneous itemized deduction provided they exceed two percent of your adjusted gross income when combined with all your other miscellaneous expenses. |
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