Virtual Business Solutions Service

Virtual Business Solutions Service Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from Virtual Business Solutions Service, Tax preparation service, 101 N. Jackson Street, Sheridan, AR.

We provide comprehensive business start-up services, guiding entrepreneurs through each stage of the process—from entity selection and registrations to bookkeeping setup and tax compliance—ensuring a strong foundation for long-term success.

With Louisiana Uncovered – I just got recognized as one of their top fans! 🎉
10/09/2026

With Louisiana Uncovered – I just got recognized as one of their top fans! 🎉

Not all business meals are deductible Deduction Breakdown• ✅ 100% Deductible • Company-wide events like holiday parties ...
10/08/2026

Not all business meals are deductible

Deduction Breakdown

• ✅ 100% Deductible
• Company-wide events like holiday parties or summer picnics open to all employees.
• Meals treated as taxable compensation and reported on an employee's W-2.
• Food provided freely to the general public.
• ⚠️ 50% Deductible
• Routine team lunches during working meetings.
• Meals during business travel while away from home overnight.
• Standard business meeting meals with team members or clients where you or an employee are present.
• ❌ 0% Deductible (Nondeductible)
• On-site meals provided for the employer's mere convenience (under recent tax updates).
• Lavish or extravagant meals.
• Entertainment events (like sports or concerts) combined with food unless billed separately.

📌 Rules to Qualify

• Presence: You or an employee must be present when the food or beverages are served.
• Not Lavish: Expenses must be ordinary, necessary, and reasonable for your business.
• Substantiation: Keep clear records including receipts, dates, locations, cost, business purpose, and a list of attendees

10/05/2026

Pass this note: in addition to classroom materials, books and supplies, eligible educators who teach health or physical education may be able to deduct up to $300 of unreimbursed expenses for athletic supplies. Go to IRS.gov/teachers to learn more.

If you file a tax return, read this book. It’s also on Audible.
09/30/2026

If you file a tax return, read this book. It’s also on Audible.

Happy National Coffee Day! Because running a business without coffee sounds like an unnecessary challenge. What’s your g...
09/29/2026

Happy National Coffee Day!

Because running a business without coffee sounds like an unnecessary challenge.

What’s your go to coffee order?






09/24/2026

The reminds you that wildly inaccurate tax advice often circulates on social media and following it can have bad consequences: www.irs.gov/scams

09/24/2026

Parents of U.S. babies born in 2025 through 2028 can elect a $1,000 contribution for the child’s Trump Account when they complete Form 4547 through their Individual Online Account. Get started at irs.gov/accounts

09/23/2026

IR-2026-110, Sept. 15, 2026 — The Internal Revenue Service today issued guidance that provides an extension of tax relief for farmers and ranchers in most states and other regions who sold or exchanged livestock because of drought conditions.

They’re related, but they don’t always mean the same thing.Not every dollar your business spends is automatically deduct...
09/21/2026

They’re related, but they don’t always mean the same thing.

Not every dollar your business spends is automatically deductible, and some purchases may need to be deducted over time rather than all at once.

Keeping your books accurate and your expenses properly categorized makes it much easier to see where your money is going and prepare for tax time.

Need help keeping your business expenses organized and tax ready?

We offer tax and bookkeeping services. Call us 469 833 5650.

bookkeeping


Address

101 N. Jackson Street
Sheridan, AR
75142

Opening Hours

Monday 9am - 6pm
Tuesday 9am - 6pm
Wednesday 9am - 6pm
Thursday 9am - 6pm
Friday 9am - 6pm
Saturday 9am - 1pm

Telephone

+14698335650

Website

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