DeMinimis Safe Harbor Election Small Taxpayers

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Expert Guidance

DeMinimis Safe Harbor Plan

Take advantage of a lesser-known tax benefit

PREVENT COSTLY ERRORS

Simplify the process

The DMSH plan simplifies your life, so you don’t have to understand all the complicated accounting rules that often lead to mistakes and potential penalties from the IRS.

GET BACK YOUR VALUABLE TIME

Cut down on

extra bookkeeping duties

With a DMSH plan, the average business can automatically deduct expenses under $2,500, regardless of whether the item is a repair, improvement or fixed asset. Usually, you must depreciate them which is time-consuming.

BOOST YOUR CASH FLOW

Lower your accounting fees

When there are fewer rules to follow, your accountant or bookkeeper don't spend as much time working on your file. Happier staff and extra savings — it's a win-win situation.

REDUCE YOUR EXPENSES

Get DIY forms

Most small business owners want professional help but can’t afford the billable rates of top-notch accountants and attorneys which are as high as several hundred dollars per hour.

Here's your chance to grab a form kit at a flat rate. You don't have to worry about hidden fees or overages.

PREVENT COSTLY ERRORS

Simplify the process

The DMSH plan simplifies your life, so you don’t have to understand all the complicated accounting rules that often lead to mistakes and potential penalties from the IRS.

GET BACK YOUR VALUABLE TIME

Cut down on

extra bookkeeping duties

With a DMSH plan, the average business can automatically deduct expenses under $2,500, regardless of whether the item is a repair, improvement or fixed asset. Usually, you must depreciate them which is time-consuming.

BOOST YOUR CASH FLOW

Lower your accounting fees

When there are fewer rules to follow, your accountant or bookkeeper don't spend as much time working on your file. Happier staff and extra savings — it's a win-win situation.

REDUCE YOUR EXPENSES

Get DIY forms

Most small business owners want professional help but can’t afford the billable rates of top-notch accountants and attorneys which are as high as several hundred dollars per hour.

Here's your chance to grab a form kit at a flat rate. You don't have to worry about hidden fees or overages.

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DONT FORGET YOUR BONUS ITEMS

BONUS #1

Top 5 Secrets to Business Success eBook

Learn the cardinal rules that can help keep your doors open.

BONUS #2

DMSH Infographic

Don't get lost in the maze of DMSH rules. Use our handy infographic to stay on track.

BONUS #3

Expense

vs.

Capitalization Booklet

Make quick decisions about your transactions. Learn how the DMSH plan will affect your accounting records.

Frequently asked questions

Here are the answers to our most common questions

Do I need a Deminimis Safe Harbor plan?

Yes — if you make the election on your tax return, then you need to apply the DMSH rules to all the transactions for that year (or you risk losing the tax benefit).

Does it need to be a written plan?

No. Technically, you can implement a verbal DMSH plan but when is the last time a verbal agreement worked in your favor? If the IRS audits you, it's easier to prove your intention and uniform application of the rules with a written plan than an oral one.

What am I supposed to do after I purchase the document?

Just sign and date the document, then insert it into your corporate binder. Our downloadable packet contains some additional guidance.

We cater to do-it-yourselfers

We get it — you’re on a bootstrap budget,

but need professional guidance

without an hourly bill or hidden fees.

Check out our flat rate options

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