tree of life financial

1
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.
2
D E D U C T H O M E O F F I C E E X P E N S E S
If you use the area of your home for business
purposes, you may 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 designated space in your home
used exclusively for business purposes.
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M A K E C H A R I T A B L E C O N T R I B U T I O
N S
E-mail Website Phone Address
Small businesses that make charitable
contributions can receive tax benefits. When you
make a donation, you can deduct the value of the
donation from your taxable income. This can be a
great way to give back to your community while
also reducing your tax bill.
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C L A I M V E H I C L E E X P E N S E S
If you use a vehicle for corporate purposes, you
can get deduction of all the expenses associated
with it. This includes gas, repairs, insurance,
and even depreciation. Keep detailed records of
all your vehicle expenses and the miles driven
for business purposes.
5
Get benefit from the Small Business Health Care
Tax Credit
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 providing health
insurance and can be claimed on your tax return.
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C O N T A C T U S
E-mail
ed_at_tolfl.com
Website
www.tolfl.com
Phone
1 [phone]
Address
147-17 Union Turnpike 3A Flushing, NY 11367