Tax season can be daunting for many Americans as they scramble to gather receipts, fill out forms, and navigate the complex world of tax regulations. While most people are aware of...
As a freelancer or self-employed individual, taking advantage of every tax deduction available to you is important. Deductions help lower your taxable income and save you money on...
Posted by Taxes Made EZ Inc on 03/14/2023
Anyone can file a tax extension. If you've been out of town, faced an emergency, or just don't have the right documents, you may need more time to file your tax return. Even...
Are you afraid to take a home office deduction because you’re worried it might trigger an audit? This fear is common among small businesses. But there’s really no need...
Posted by Flynn Financial Group Inc on 06/22/2020
Your home-based business is in an exclusive tax situation. Your home business may benefit from all the usual tax deductions, but some work differently, and others are for domestic...
Posted by LLOYD J CAZES CPA on 10/01/2019
More people are choosing to work from home with the rising influence of computers and information technology in the workplace. Working from home allows you to deduct home office expenses...
Posted by Elliot Kravitz, ATP on 09/30/2019
The term self-employed for tax purposes refers to having a business for yourself if you are a sole proprietor, a partner in a partnership, a multi-member limited liability company...
Posted by CONTINENTAL TAX AND ACCOUNTING SERVICES on 11/14/2018
Running your daycare business from home can be a satisfying, but also stressful experience. Not only that, but you also have to manage all your bookkeeping, including tracking your...
When it comes to running your own business, the record keeping can be intensive, but those same records can also assist you in qualifying for a myriad of deductions. This is particularly...