Health Insurance Deduction for the Self-Employed
If you’re self-employed, you may be wondering if you can deduct health insurance premiums from your tax return.… Read more
Self-Employed Tax Tips
All About the Self-Employment Tax
Self-employed individuals typically receive a Form 1099 at the beginning of the year that tells how much money they have… Read more
Deducting Business Mileage: The Standard Rate vs. The Actual Expense Method
The information in this article is up to date for tax year 2022 (returns filed in 2023).
Deducting the miles you drive for… Read more
Self-Employed Travel Deductions: What Can You Claim?
Being self-employed comes with many benefits, like making your own schedule. It also has disadvantages, like not having… Read more
Schedule K-1: What Business Owners Need to Know
The information in this article is up to date through tax year 2022 (taxes filed in 2023).
Schedule K-1 can be attached to… Read more
Etsy Shop Owners: You Might Have to Collect Sales Tax for Online Sales
Historically, a state could only tax sales by businesses with a physical nexus in the state. A nexus is simply a connection… Read more
The Home Office Tax Deduction for In-home Daycare Providers
When you run an in-home daycare facility, you’re probably going to use the same areas for business… Read more
The Basics of Self-Employed Taxes
There are a lot of benefits to being self-employed. Becoming an entrepreneur affords you independence, the ability to… Read more
How to File Taxes With a W2 and a 1099
The information in this article is up to date for tax year 2022 (returns filed in 2023).
America’s workforce looks different… Read more
Why You Might Get a Form 1099-K and What it Means for Your Taxes
For the 2022 calendar year, if you received $20,000 or more in payments for goods and services and conducted more than 200… Read more