Monthly Archives: May 2013

2013 Gifts

This is not about charitable donations to a 501(c)(3) organization. It is about just giving stuff away. How much can I give (gift) without any tax? $13,000 ( 2009 – present) is the amount of stuff that can be gifted … Continue reading

Posted in General, Income Tax, International Taxation, Newsletter Topics | 1,657 Comments

Club Dues – Deduction?

Business related meals and entertainment are deductible…. You cannot, however, deduct dues (including initiation fees) for membership in any club organized for pleasure, recreation or other social purposes.

Posted in General, Income Tax, International Taxation, LLC's, Sub S Corporations | 2,474 Comments