by Admin | May 5, 2023 | Business Taxes, Entrepreneurial, Tax Planning
Small businesses play an important role in the nation’s economy. During National Small Business Week, the IRS reminds taxpayers that IRS.gov has resources and tools to help small businesses understand and meet their tax responsibilities. Bookmark these important...
by Admin | May 3, 2023 | Business Taxes, Entrepreneurial
The Internal Revenue Service urged business taxpayers to begin planning now to take advantage of tax-saving opportunities and get ready for reporting changes that take effect in 2023. During National Small Business Week, April 30 to May 6, the IRS is joining the Small...
by Admin | Mar 30, 2023 | Business Taxes, Entrepreneurial, Individual Taxes
If you hire a domestic worker to provide services in or around your home, you probably have a tax liability that you don’t know about – or one that you do know about but are ignoring. Either situation can come back to bite you. When the worker is your employee, your...
by Admin | Mar 16, 2023 | Entrepreneurial
According to one recent study, workers who make up the “gig economy” contributed roughly 5.7% to the gross domestic product of the United States in 2021 alone. If you needed a single statistic to help underline what a significant shift this has become in...
by Admin | Mar 9, 2023 | Business Taxes, Entrepreneurial, Tax Planning
Whether someone travels for work once a year or once a month, figuring out travel expense tax write-offs might seem confusing. The IRS has information to help all business travelers properly claim these valuable deductions. Here are some tax details all business...
by Admin | Feb 23, 2023 | Entrepreneurial, Tax Planning
In recent years, the gig economy has changed how people do business and provide services. Taxpayers must report their gig economy earnings on a tax return – whether they earned that money through a part-time, temporary or side gig. The IRS’ Gig Economy Tax Center...
