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 [...]
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 [...]
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. [...]
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 [...]
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 [...]
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 [...]
“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 [...]
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.
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.
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.