When it comes to caring for routine tasks around the home, many individuals use hired help. Depending on how they hire that help, they may suddenly have a household employee. For many...
What Income is Taxable?Are you wondering if there's a hard and fast rule about what income is taxable and what income is not taxable? The quick answer is that all income is taxable...
Posted by Byron L. Riley, CPA on 04/07/2016
For many individual taxpayers and small business owners, using independent contractors can mean a reduction in tax liability for funds paid out, but can also mean that you are not...
When you start a new business, there are plenty of considerations that you need to take into account. One of the areas is taxes. However, it is not just one type of tax, but several...
You have a great idea for a business, and you can’t wait to get started! Knowing where to start, however, is tricky. Choosing a business entity can be complex and confusing....
With the rise of websites that allow you to rent out rooms within your home to vacationing families, there is also a rise in potential tax challenges. So before you jump on the website...
Posted by Larry Gurewitz on 03/03/2016
When it comes to earning income from a vacation home might seem a smart idea, it also involves more than just collecting those rental checks. You will also have some tax responsibilities...
Renting your vacation home or even a room in your own home can be as simple as signing up on a website and listing the days your rental is available. However, this also means that...
Starting a new business can be an exciting venture and the beginning of a new career. But in order to make a successful start, you need to be sure to set up your tax information properly...