As an Uber, Lyft or other rideshare driver, you are well aware that you can deduct many day to day costs from your taxes. This includes mileage, gas and other expenses that add up when you are running your own business. However, there other deductions that you might be missing and should be taking full…
While some people look forward to tax season all year long for the return that they have to look forward to, it isn’t the same for everyone. Some people dread this time of year because they have to be responsible for paying money to the IRS. This year especially, people are feeling a pinch financially…
It’s no secret that this pandemic has thrown a wrench in practically every aspect of our lives. For some Americans, it has been beyond difficult to stay afloat. Apparently, the IRS is having a difficult time keeping up with all of it as well. If you haven’t filed your 2020 taxes yet, have no fear,…
If you have a family, not only is your life enriched by your children, but you can get some help during tax season. If you have dependents that you can claim on your taxes, it can end up saving you thousands of dollars each year. When it comes to dependents, that doesn’t just mean those…
It’s that time of year again, tax season. While it is always a good idea to get your taxes turned in as soon as possible, this year you may especially want to get them turned in soon. By getting your taxes turned in during the month of March, it could put you in a better…
As you embark on the adventure that comes with buying a home, it can be an exciting time. Many people feel they have finally arrived the day they first become homeowners. This can be a big life altering decision that is exciting and overwhelming at the same time. There are several benefits that come from…
There is nothing quite as stressful as owing the IRS money that you don’t have. It seems like the IRS is this big scary agency that has the ability to ruin your life. They do have power to get the money they are owed, whether you want them to or not. They have the power…
Going through a divorce can be a devastating process. One thing that can make the process even more excruciating is to have built your small business from the ground up and knowing that it is considered an asset that will be divvied up with your former spouse. If you aren’t careful, you can also end…
If you are like most people, when you lose someone you love, the last thing that is on your mind is what to do about paying taxes for that person. However, when tax season comes around, this is something that needs to be addressed and can leave those left behind wondering what to do about…
If you are getting ready to hire an employee, you want to make sure you aren’t going to invest a significant amount of money into training and hiring them to find that they turn around and leave you high and dry. These kinds of situations can totally be avoided when you use a written employment…
