Taxes - Veterinary Economics
Monday, May 12, 2008
Search
Advanced Search
.
Untitled Page

Calendar of Veterinary Events
Taxes
  • Watch out for state unemployment audits



    These audits can cost you, so be sure you correctly classify your employees.

    Deducting reimbursements



    Know how your expenses are reimbursed to be sure you get the right deductions.

    It's not too late for deductions




    You still may be able to lower your tax bill.

    Don't count on deducting life insurance costs




    If you practice with partners, your buy-sell agreement is an important way to develop a plan to purchase an owner's interest under a variety of circumstances and to protect your own interest in those same circumstances—one of which is the death of a partner.

    Get your landlord to fix things up




    Your "construction allowance" is considered taxable income unless you follow these rules.

    Balancing benefit discounts



    Q. I'm concerned about my hospital's liberal employee discount benefit. Are there any guidelines I can offer the owner to keep him and the rest of the team safe from tax liability?

    Stay straight with the IRS



    Don't let tax season strike fear in your heart. Play by the taxman's rules, and if he shows up for an audit, you'll be ready.

    Don't be too quick to write off lunch



    I take my practice staff out to lunch four times a year as a way to boost morale. Can I write off these lunches on my taxes as a business expense?

    Job search deductions



    If you're on the hunt for a new job, don't forget about the tax deductions you may be eligible for.

Hospital Designs online
Vetguide.com
Click here