Welcome to the Custom Accounting Solutions Blog
Get the latest insights on smart tax strategies, bookkeeping tips, and financial guidance to help your business grow with confidence.
$488 Million Stolen in IRS Scams
That’s right, almost ½ a Billion, with a very large capital B, was stolen from individuals in 2018 using IRS type scams, according to a report released by The Federal Trade Commission in February 2019.
Deducting Auto Expenses: A Guide for Business Owners
The business deduction for auto expenses can be a bit confusing for the average owner that doesn’t spend time perusing groups, forums, articles and videos on taxes and accounting.
Home Office Deduction, Simplified!
The IRS has two basic requirements to claim the home office deduction. The area claimed for the home office deduction must be your primary place of business and have regular and exclusive use for your business.