Every year, millions of taxpayers get ready to file their income tax return, a process that is feared by many, but that we all need to take care of. Having to collect and document our expenses can be a daunting task, especially when we don’t have the proper guidance. However, there are other situations that…
DetailsThe year is almost over, and we should start preparing to file our income tax return if we haven’t already. This can be a very daunting task for many of us, especially when we are still not very familiar with the process. Thus, we have decided to share with you five tips for tax season…
DetailsOne of the most common questions taxpayers have is when exactly will they receive their tax refund. First, we need to remember that there are several aspects that will have an effect on when we receive our refund. Also, it is important to keep in mind that the tax reform law that took effect in…
DetailsAs freelance jobs become more and more popular, opting to work as a rideshare driver is a great self-employment alternative that many are choosing nowadays. The way we think about commuting has been forever altered thanks to the popularity of platforms like Uber and Lyft, with an increasing demand for rideshare services, which also opens…
DetailsAs many of us are aware of, there are many business expenses that can be deducted from our taxes, whether we are self-employed, or we are owners of our own company. However, there are so many different types of expenses that businesses of any size make as part of their daily operations, that missing some…
DetailsFor many workers, tips are an important part of their income, as many companies and businesses rely on them in order to cover the wages for their staff. If we count on tips as part of our income, we need to report them to the IRS, as we need to cover our corresponding taxes for…
DetailsDealing with taxes as an independent business owner can get tricky when we don’t have all the information and guidance we need. This can get even more confusing when we have just started to invest in real estate property. However, there are several tax tips we should keep in mind in order to make the…
DetailsWhenever we reach the age of retirement, we need to be more careful with our finances than when we were still employed, whether it was by someone else or if we had our own business. When it comes to tax planning, there are several deductions that senior citizens and retirees alike should be aware of,…
DetailsWhen it comes to taxes, there are only a few moments of calm for taxpayers, as taking a breath of relief after filing their taxes is only the sign of the work that needs to be done to start preparing for next year’s return. Because of the tax code changes that resulted from the Tax…
Details
