Are Legal Fees Deductible?

Are Legal Fees Deductible?

Want to know what expenses you can write off? In today's podlet, you'll learn about legitimate business expenses and which ones are deductible this upcoming tax season.

If you are a small business owner and realize that you don’t know what you don’t know, Tuesday’s Bag is where you might find it! An empowering podcast for women with simple, candid tidbits on growing your business and managing that money.

To submit a question, please visit AJOY at https://bit.ly/igottaquestion Tuesday’s Bag is a mini-podcast (podlet) offering clear #smallbiz and #microbusiness answers to important business questions. The TUESDAY’S BAG podcast is powered by AJOY, and is perfect for busy women business owners, freelancers, independent contractors, microentrepreneurs, consultants, and side-hustlers… on the go, in a short, quick Q&A format, in 5 minutes or less. Experienced business advisor Tuesday P Brooks shares sound advice and in-depth answers to important questions about starting and running a company. Questions range from accounting, tax, and bookkeeping, to essential day-to-day understanding of running a small business. Each episode of TUESDAY’S BAG podcast features one inquiry from actual business owners that is given a thoughtful answer. Topics include deductions, LLC, entity formation, taxes, how to pay yourself as a business owner, sources of startup funding, write-offs for your taxes, anticipating a tax bill, Schedule C, hiring employees or freelancers, applying for a loan, depositing income, using financial statements, tax liability, accounting practices, credit, checking accounts and so much more!

Go here to submit your questions https://bit.ly/igottaquestion Founder, Tuesday P Brooks, MBA is a tax professional, accountant, educator, and advisor to small businesses. https://tuesdaybrooks.com AJOY, specializes in helping small firms with accounting, bookkeeping, tax planning, cash flow management, and successful business strategies. You can find out more at https://ajoymanagement.com/ Subscribe to the Channel for More Videos: @ajoymedia, Instagram @ajoyworldwide Information presented here should not be construed as legal, tax, or accounting advice. No one should act on such information without retaining appropriate professional advice.

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How Long Should I Keep My Tax Documents?

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I Want To Work For Myself- Where Should I Start?