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All the Tax Benefits You Need for Your Small Business

Harness Wealth

Professional services require documentation that shows a direct benefit to your business, supported by contracts or engagement letters. This deduction applies specifically to space used exclusively and regularly for business activities, creating a clear separation between personal and professional areas within your home.

Taxes 52
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The Future Of Financial Advice: How Tech and Approaches In 2030 Will Differ From Today

Nerd's Eye View

Professional service industries tend to evolve over time as the regulatory environment evolves and new technologies emerge. For instance, the financial advice industry has seen many changes to regulations (for both advisors and their clients), advisor business models, and the advisor technology landscape.