Taxes

How Much Can You Write Off On Food, Hotel And Travel Fees For Business?

Every area has what is known as a maximum per diem rate you can write off for mileage, travel, food, lodging, etc.
Check the Office of Allowances web site for details on what foreign and domestic per diem rates are.

Tags: domestic per diem rates, hotel travel, Office of Allowances, per diem, per diem rates, Taxes, Travel, [...]

Can You Buy A Life Insurance Policy On Anyone You Want?

In order to buy a life insurance policy on someone you must have what is known in the industry as an “insurable interest”. But what does that mean?
Let’s say you and another person are business partners. If the other person in your 2-person business died, you would lose 50% of your labor force & business [...]