Jan 5, 20224 minTAX TIPSIRS Home Office Tax Deduction for Small Business Owners - Help you Reduce Tax BillHas the coronavirus led you to start a business or become your own boss this year? If you are a small-business owner and use part of your...
Jan 26, 20213 minTAX TIPS1099-NEC and 1099-MISC: Do I use 1099 MISC or 1099 NEC?In 2021, the IRS has introduced the new Form 1099-NEC to reporting independent contractor income.
Aug 3, 20202 minTAX TIPSKeep Smart Records To Audit-Proof Tax Return“Audit-proofing” your return means documenting deductions so that you can prove them if you’re audited. Today’s historically low audit...
Aug 1, 20202 minTAX TIPSIRS Tax Tips: How to troubleshoot after-tax-day issuesTax deadline to file and pay federal income taxes deadline is now behind us. However, some taxpayers still facing certain problems after...