Can I get a tax deduction for my S Corporations expenses that I paid …

Unfortunately, Jake will not get a deduction for these paid personally for the corporation and will also fail to deduct these expenses personally as an Employee Business Expense on Schedule A of his personal tax returns. Continue reading

Manufacturers' Representatives and the United States Supreme …

They file a Schedule C on which they report their business income and expenses along with their individual Form 1040 tax return. … This means income taxes are not paid at the business entity level but on the owner's personal tax return. Continue reading