Category: Business Tax

Business Tax, IRS Updates, News

Businesses: Beware of tax scams year-round

May 25, 2025 by Ed Babitzke 0 Comments , ,

The IRS advises small businesses and taxpayers to stay vigilant against scams and fraud year-round.

Here are some ways businesses can protect themselves and client data:

  • Protect your Employer Identification Number.
  • Stay vigilant during disaster season. Scammers may impersonate IRS employees claiming to offer help when filing casualty loss claims.
  • Use anti-malware/anti-virus software with automatic updates and strong passwords with multi-factor authentication.
  • Watch out for fake requests for W-2s.

Visit the Tax Scams page of IRS.gov and follow @IRStaxsecurity on X or any official IRS social media account for scam awareness information.

If you owe the IRS $10,000 or more and want to get started complete the questionnaire or schedule some time to talk. We have a monitoring service to help you stay vigilant against scams

Business Tax, Tax Breaks

Tax Breaks for Self-Employed Clients

Oct 13, 2021 by Ed Babitzke 0 Comments , , , , ,

Recently there has been an increase in self-employed workers, freelancers, and side gigs. You can look at different forums (Reddit, Facebook, Instagram, Esty, Ebay, and others) and see an increase of activity.

Before starting this short discussion there are a few references that you should review: Form 1040, Schedules 1, 2, 3, C, and SE. Along with Publication 334, Publication 535, Publication 463, and Publication 583 at IRS.GOV.

man holding drinking glass
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Business Tax

Can I write off a vehicle purchase?

Sep 20, 2021 by Ed Babitzke 0 Comments

BUSINESS EXPENSES: Can I write off a vehicle purchase?

This is just an overview of the question. For more detailed explanation see the publications below.

If you have a business, you need to be familiar with the rules for business expenses. I am a simple guy and don’t do will with legal speak. Everything you need is in the US Code Section 26. However, the IRS has publications that explain the code sections in plain English. You can’t use a publication as a legal reference or defense. You can use it to understand what is allowed.

These publications for IRS.GOV are the ones I go to when explaining business expenses. I highly recommend reading them:

Publication 334 – Tax Guide for Small Business

Publication 535 – Business Expenses

Publication 463 – Travel, Gift, and Car Expense

Publication 946 – How to Depreciate Property

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