Naomi Levenspil
A CPA by trade, but a writer at heart, Naomi Levenspil jumps at the chance to exercise the right side of her brain. When she isn’t working as the royalty analyst and audit manager for a large licensing and manufacturing firm, or managing the home front as chief cook and bottle washer for her energetic crew in NJ, Naomi enjoys freelance business and creative writing, and has been published in multiple publications. Doesn’t everyone need some downtime?
More From This Author
-
Section 179 vs. Bonus Depreciation: Which Is Right for Your Business?
Since Section 179 and bonus depreciation are not mutually exclusive, your business can benefit from both. Learn how to leverage this to your advantage.
· 3 min read
-
How Far Back Can a Business Be Audited by the IRS?
Everybody dreads an IRS audit. Generally, you can stop worrying about an audit after three years, but sometimes the IRS can audit up to six years back, and rarely, even longer. When can you stop worrying and throw out all your old receipts?
· 3 min read
-
What Is Capital Expenditure?
Capital expenditure describes purchases that are classified as assets because of the long-term nature of their useful life. An important marker of business growth, CapEx has a significant impact on both short-term and long-term financial health.
· 3 min read
-
What Is Section 179?
Section 179 is a relatively small clause in the IRS tax code that can potentially yield big savings on equipment purchases. Understanding how to maximize the deduction is key.
· 4 min read
-
How to Claim the Home-Office Deduction
Working from home offers many attractive perks in terms of flexibility and convenience. Make sure that you also maximize your home office from a tax perspective by claiming your home office deduction.
· 4 min read
-
Why Tax Avoidance Is Perfectly Legal
Tax avoidance is the use of legal methods to reduce the amount of tax owed. Who wouldn't want that?
· 3 min read
-
Tax Preparation Tips for Small Businesses
You aren't alone if you don't look forward to filing taxes, but tax season doesn't have to be a nightmare. Advance planning and solid organization can help your business navigate successfully and smoothly through tax season.
· 3 min read
-
What to Do if Your Business Is Audited
Help! Your business is under audit. The word 'audit' tends to trigger panic among business owners but be prepared and stay calm. It's likely not as bad as you think.
· 3 min read
-
How to Pay Estimated Tax Payments Online
Filing and paying estimated tax payments by quarterly deadlines can save you from expensive penalties at year-end.
· 2 min read
-
IRS Phone Number for Business: What to Know Before Calling
If you find yourself among the multitudes of people who need to contact the IRS, here are some things you should know for once you get past the hold music.
· 3 min read
