License Professional Services Tax Planning 
Harness Wealth
APRIL 17, 2025
Professional services require documentation that shows a direct benefit to your business, supported by contracts or engagement letters. In contrast, mixed-use services require careful allocation based on the business usage percentages. Travel, meals, and supplies must directly relate to legitimate business activities.
Harness Wealth
MAY 17, 2025
This includes W-2 forms from employers, 1099 forms for other income, records of deductions and credits, and any prior year tax returns. It is also helpful to have your Social Security number, Delaware drivers license or ID, and bank account information ready for direct deposit of refunds. Both are valuable tools in tax planning.
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