Fully Deductible Business Meals in 2023 and 2024

Understand the rules for deducting business meals on your tax return. Good news for business owners in Greensboro, NC, Raleigh, NC, and the surrounding areas: The IRS has extended the full deductibility of business meals through 2024. This means that you can fully deduct the cost of business-related meals as long as certain requirements are…

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WHAT’S NEW FOR IRS FORM 1040 IN 2024

Stay updated on the latest changes to IRS Form 1040 for the current tax year. As we dive into the 2024 tax season, it’s essential to stay informed about any changes to IRS Form 1040. This year, there are several updates that taxpayers in Greensboro, NC, Raleigh, NC, and across the country need to be…

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