Category: Tax Deductions

MBMG Inc. > Taxes
24 Mar Luxury Cars Fringe Benefits

Incorporating a business is a great way to deduct everyday expenses from your income. With extra cash and lots of travel time, athletes almost always splurge on vehicles.

24 Mar How to leverage your retirement income for athletes

Individual retirement accounts provide a great vehicle for athletes and small business owners to lower their taxable income.

14 Jan Business Strategy Tax Tips Concepts

The Tax Cuts and Jobs Act of 2017 (TCJA) made significant changes to the taxation of both individuals and businesses alike. While the new tax reform increased or added certain deductions and removed others, planning ahead can help shave some dollars off your tax bill. Today we’ll highlight three common but effective ways to lower your taxable income and increase your returns.