If you're a savvy entrepreneur or a small business owner running two businesses simultaneously, you're likely looking for ways to maximize your tax deductions. Fortunately,...
As an independent contractor, you enjoy the freedom and flexibility of working for yourself. However, it also means taking on additional responsibilities, including tax management....
Posted by Rosovich & Associates, Inc. on 07/01/2023
The home office deduction is one of the most popular tax deductions for those who work from home. Once you understand how to record, calculate, and report home office expenses, you...
Posted by Taxes Made EZ Inc on 12/18/2022
Many people are looking to earn extra money by renting out a room in their homes. When it comes to taxes, this is both good news and bad news.The good news is that your rental income...
Posted by Pat Raskob on 05/27/2022
If you're self-employed, such as an independent contractor, or a freelancer, one question is probably the most important question regarding tax returns: How can I reduce my self-employment...
Posted by Taxes Made EZ Inc on 04/17/2022
Business owners have specific rules and guidelines associated with filing their taxes. Running a daycare can be expensive, and the IRS offers incentives for the expenses incurred....
Many taxpayers do not like taking the home office deduction because they fear they might raise some eyebrow from the IRS. Sadly, this is true, especially if you take excessively large...
The advantages of being a self-employed or independent contractor are numerous. You have the freedom and flexibility to do your job, and it's also a great way to start your own...
As a home business owner, you can make several tax deductions related to the cost of running your business, including expenses incurred to run your business from a home office. There...
Posted by Carmen Garcia on 05/17/2020