Sharp Tax & Accounting Blog
Tags
- 1099 1
- Augusta Rule 1
- Benefits 1
- Bookkeeping 2
- Content Creators 2
- Credits 1
- Deductions 4
- Electronic 1
- Exemptions 1
- Federal Tax - Featured 2
- IRS Information Reporting 1
- Individual 2
- Law Firm 2
- Manufacturing 1
- Marketplace Facilitator 1
- Meals & Entertainment 1
- OBBBA 1
- Payroll 1
- Real Estate 3
- Refunds 1
- Restaurants 2
- Sales Tax 2
- Travel 1
- VDA 1
Can Your Business Rent Your Home Tax-Free? Understanding the Augusta Rule
The Augusta Rule can allow your business to rent your home for a legitimate business purpose while you potentially receive the rental income tax-free. Here’s how the rule works, who can use it, and where business owners need to be careful.
Purported Social Media Influencer Deductions Denied: Business Expense or Personal Spending?
Can social media influencers deduct concerts, celebrity events, travel, and other lifestyle expenses? A recent Tax Court case shows why creating content around an expense does not automatically make it deductible—and why business purpose, timing, and documentation still matter.
Is Your Business Trip Tax Deductible? Understanding the IRS Business Travel Rules
Business travel deductions depend on more than where you went or what you spent. Learn how the IRS looks at tax home, business purpose, mixed business-and-personal trips, temporary assignments, spouse travel, and the records needed to support deductible travel expenses.
Business Meals & Entertainment Deductions in 2026: What Business Owners Need to Know
Business meals and entertainment expenses can receive very different tax treatment in 2026. Learn which expenses may be 100% deductible, 50% deductible, or not deductible at all and why proper documentation and bookkeeping matter.