What is a 1099 Form?
If you’ve landed here after Googling “What is a 1099 Form?” because you’ve turned a profit as a small business owner, congratulations! Now begins the slightly less fun, but necessary [...]
How to avoid paying taxes as an independent contractor (legally)
If it was possible to call up the Internal Revenue Service (IRS) office for a discount on tax payments, their phones would probably ring all day. But it’s not, so [...]
The Ultimate Small Business Tax Deductions Worksheet for 2022
If you’re a small business owner, there’s a good chance thinking about taxes stresses you out. You’re not alone. The fear of making a mistake on taxes terrifies many people. [...]
How to File Independent Contractor Taxes 2022
Disclaimer: This blog post is intended to provide generalized information designed to educate a broad segment of the public. It’s not personalized tax, investment, legal, or other business or professional [...]
Independent Contractor Expenses Spreadsheet: Everything You Need to Know (Plus: Free Template)
Have you ever struggled to manage your financials as an independent contractor? If the answer is yes, you’re not alone. According to Freelancer Map's 2021 study, 25% of freelancers consider [...]
Deduction Tips for Tax Day
Mark your calendars, April 15th will be here before you know it. Looking ahead for ways to prepare for Tax Day, keep in mind there are a few write-offs [...]
Three tax tips to help you get ahead
“In this world, nothing is certain except death and taxes.” - Ben Franklin Ben Franklin famously stated that the only things certain in life are death and taxes. But [...]
Surviving An IRS Audit Without Receipts
While not having copies of your receipts is not ideal if you're being audited, there are things you can do to prove your expenses to the IRS.
Independent’s guide to the 20 percent pass through deduction
As an independent, freelancer or 1099-er you may have been keeping a close watch on tax time this year as there are some significant changes to business tax code that could put extra money in your hands this year. If you can’t implement these tips this year, make sure you use them going forward so you can maximize the pass-through deduction in future tax years.
Making Sense of Your 2018 Business Taxes
Part of winding down any calendar year includes preparing and filing your 2018 Business Taxes. Due to recent changes to the tax code, navigating tax filing as a small business owner can be confusing. Here, we’ll discuss the particulars of how to navigate filing your 2018 small business tax return.