Form 1065 Schedule M 3 Arent 2021-2023

Instructions and Help about Form 1065 Schedule M 3 Arent

Oh everyone this is Andrew from Los Angeles so today I'm going to share some useful tips on how you can match my tax refund for this tax season this year so if you are self-employed entrepreneur or working in the home-based business you can't actually use these tips to be able to get tax refund from it so for me like I've been an entrepreneur for less than a year so I've been like figuring out how I can get tax refunds and all the tax procedures because I like got these tips from from the people who's been in the small business so I just want to share it today to able to help you guys if you're on the stage with me so so you got up first you must understand the difference between a credit and a write-off the credit is a dollar-for-dollar deduction from your taxable income an exemption will qualify will be a percentage so here's the following useful tips that you can apply to able to maximize your tax return so the first thing is auto repairs and mileage so you can actually like report like all the mileage that you used to driving to meet your clients and network picking up your supplies so unless if you're in like hundred percent working online from or home but if you actually meet clients able to do a build your business and you can't actually report that on your tax statements and then try to get the tax return and you can also report that the gasoline money that you you purchased like for your business though so you can either stand a rate of fifty five point five cents per business driven mile so that is not a not although if you use...