Introduction: 2024 Tax Season Wrap Up
Tax season has finally wrapped up and I can finally relax a bit. This was my ninth tax season working for myself, and I have to say it was the most successful tax season to date. This is in terms of the amount of money I made and that it was mostly...
When it comes to taxes, you're probably doing it all wrong.
Hiring a Tax Professional vs. DIY
Imagine this... We often find ourselves at a crossroads. One path involves your tax documents and do-it-yourself tax software; The other, an experienced tax professional who will take your...
Breaking news! The IRS just announced they're delaying and revising the 1099K reporting changes that were supposed to go into effect starting this year 2023.
As you probably know, payment settlement entities were planning on issuing 1099K tax forms to individuals and online sellers who...
Hey there, small business owner! Do you dread tax season as much as I do? Even as a CPA, I've faced tax situations that made my head hurt.
Today I'm revealing the Top 3 Tax Questions every small business owner absolutely needs to know.
Just for reading my blog post, I have a...
Today, we're diving into something very important for all you business owners out there - the top 5 money mistakes small businesses make, and of course, how to avoid them.
So, the first money mistake that small businesses make is...
#1 – Not Having a Budget
Imagine going on a road trip...
A lot of people wonder about how to pay taxes as a result of doing side hustle work, or what some call "gig economy work." It might seem hard to understand at first, but don't worry. Today, we're going to talk about it in a way that's super easy to understand.
In this blog post, I’m going...
I’m back again with another blog post, hoping to share five business lessons that we can learn from the challenges faced by Anthony Farrer of The Timepiece Gentleman.
Love him or hate him, running a business is tough. If you’ve been there, you know what I’m talking about. And...
A huge mistake that comes up in business is something that doesn’t actually seem like it’s a big deal at all. And that is, paying employees or independent contractors in cash.
Here’s why. The all powerful Internal Revenue Service, can can disallow the deduction entirely....
