Once you become an adult, filing taxes becomes essential. Filing your taxes has several benefits, but filing them wrong can have consequences. But can an 18-year-old file taxes independently… Read More
Unlike your typical business accounting, property management accounting involves a variety of factors. In addition to tenant accounts, there have to be accounts for properties as well. Be su… Read More
Navigating the financial landscape as a small business owner can be daunting, especially when it comes to taxation. However, the key to optimizing your tax return lies in understanding the n… Read More
Empower Your Financial Future: Tax Planning for High-Earning OnlyFans Models
1. Introduction
Calling all high-earning OnlyFans models! Are you ready to take control of your financial futur… Read More
As a DoorDash driver, one of the expenses you may incur is the cost of gas for your vehicle. DoorDash offers several incentives and bonuses to drivers, but does not directly pay for gas. In… Read More
How far you travel to work impacts how you spend your time each day, as well as other factors like mileage reimbursement and business deductions.
So, is it worth it? Let’s exp… Read More
In the real estate business, maximizing income can be hugely impacted by reducing taxes! Real estate agents invest a significant amount of money in their businesses, with average annual… Read More
There are close to 600 million people today who classify as an entrepreneur. This is a type of business where you’re responsible for keeping your own records and handling your business… Read More
DoorDash is one of the biggest online food delivery platforms in the US, and driving for this successful company has become a popular gig job to make quick money. You can work when you want… Read More
One of the hardest tasks for a self-employed tax paying person is maximizing tax deductions and adhering to tax laws. Using mileage reimbursements for work-related travel is an efficient way… Read More
Pablo Gomez has been a full-time Uber driver since 2019. He takes pride in knowing how to maximize his earnings on each trip he takes. That means knowing the right times to drive, which ri… Read More
Mileage for travel
As an important business decision-maker, you must fully understand the importance of optimizing every aspect of your company’s operations, including employee reim… Read More
Hi, I’m Bette Hochberger, CPA, CGMA. In today’s tax tip Tuesday, I will discuss what deductions you can claim without receipts.
Although it may be common knowledge that you… Read More
Understanding tax deductions can help you save money on your taxes if you own or manage an auto repair shop. However, many mechanics need to be aware of some of the best conclusions for thei… Read More
As an employee, you may be asked to use your own vehicle to complete tasks for your boss. An employee that has a list of errands to complete may rack up a lot of work-related expenses. … Read More
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During the last week of March, hundreds of stakeholders vied on behalf of home-based care in Washington, D.C., either physically or throu… Read More
Gross pay is crucial to your finances regarding taxes, deductions, and income. You might be surprised that much of your gross revenue goes directly toward tax and other deductions. The more… Read More
Key Takeaways:
Schedule C is submitted by self-employed individuals, sole proprietors, gig workers, and others
A Schedule C audit may happen if the IRS suspects you didn’t report… Read More
Many taxpayers are familiar with the common deductions that can be taken on their income taxes, including charitable donations or deductions for mortgage interest. However, there are a numbe… Read More
If you are a small business owner, seeking to get a clarity on write-offs, this post is for you!As of 2020, the federal tax write-off for charitable donations is $300. This write-off is avai… Read More
How to Fill Out 1099 for OnlyFans Creators
OnlyFans content creators are considered self-employed workers. As self-employed workers, also known as independent contractors, they are req… Read More
What are some of the top low-cost accounting software solutions for small businesses and startups?
Small businesses and startups should consider low-cost accounting software solutions to ens… Read More
Tow truck businesses can be profitable.
Tow truck businesses can provide an essential service to the community.
Tow truck businesses can be started with relatively little capital investment… Read More