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TREE OF LIFE FINANCIAL

Only the top professionals work on your project. Our team of experienced and qualified professionals can provide all the bookkeeping services to meet the needs of any business and you.

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TREE OF LIFE FINANCIAL

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  1. Only the top professionals work on your project. Our team of experienced and qualified professionals can provide all the bookkeepingservicestomeettheneedsofanybusinessandyou.

  2. DEDUCTHOMEOFFICE EXPENSES Ifyouusetheareaofyourhomeforbusinesspurposes,youmay be eligible for the home office deduction. This allows you to deduct expenses like rent, mortgage interest, utilities, and insurance. To qualify for this deduction, you should have a designatedspaceinyourhomeusedexclusivelyforbusiness purposes.

  3. MAKECHARITABLECONTRIBUTIONS E-mail Website Phone Address Small businesses that make charitable contributions can receive tax benefits.Whenyoumakeadonation,youcandeductthevalueofthe donation from your taxable income. This can be a great way to give backtoyourcommunitywhilealsoreducingyourtaxbill.

  4. CLAIMVEHICLEEXPENSES Ifyouuseavehicleforcorporatepurposes,youcangetdeductionof all the expenses associated with it. This includes gas, repairs, insurance, and even depreciation. Keep detailed records of all your vehicleexpensesandthemilesdrivenforbusinesspurposes.

  5. GetbenefitfromtheSmallBusinessHealthCareTaxCredit Small businesses that provide health insurance to their employees may be eligible for the Small Business Health Care Tax Credit. This credit can help offset the cost of providinghealthinsuranceandcanbeclaimedonyourtax return.

  6. CONTACTUS E-mail ed@tolfl.com Website www.tolfl.com Phone +1(718)591-1000 Address 147-17UnionTurnpike#3AFlushing,NY11367

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