Tax Deductions for Uber and Lyft Drivers

Uber, Lyft, and other rideshare drivers spend their days driving strangers from Point A to Point B. Just like any other business, Uber and Lyft drivers get to claim their mileage, gas, and other day-to-day expenses as business write-offs. Unlike regul…

Pro Tips for Separating Business and Personal Finances

One of the most stressful parts about being a business owner is figuring out how to financially separate your real life and your professional life. As a full-time writer and speaker, I initially struggled to figure out how to draw down a salary and rei…

Form 1099-MISC vs. Form 1099-K: What’s the Difference?

At the beginning of every tax season, you receive informational tax forms in the mail from your places of employment, financial institutions and all other organizations you did business with throughout the year that the Internal Revenue Service wants t…

Mid-Year Review for Tax Saavy Business Owners

Now is the perfect time to perform a mid-year review of your business activity, including your tax liability. Staying on top of these five things throughout the year will help you save time, money and make tax time much smoother!

Self-Employed? Here are 5 Things to Do With Your Tax Refund That Will Help Your Business

Who doesn’t love a good refund? There’s the kind you get when you return a shirt to the mall or complain because the Wi-Fi wasn’t working on your cross-country flight. And then there’s the kind that can really make a difference in your annual budget an…

S-Corp vs. C-Corp: What’s Best for Your Business in 2018?

In the wake of the Tax Cuts and Jobs Act, business owners nationwide are looking closely at whether incorporating as an S corporation or a C corporation will offer a greater reduction in their tax burdens over the long haul.  While C corporations …

How to Thrive in the Growing Gig Economy

If tax time doesn’t bring you a lone W-2, but instead a 1099-MISC — or even several of them — you’re no longer that unusual.  More than one-in-five members of the working-age population are freelancers or self-employed, according to the Freelancer…

How to Thrive in the Growing Gig Economy

If tax time doesn’t bring you a lone W-2, but instead a 1099-MISC — or even several of them — you’re no longer that unusual.  More than one-in-five members of the working-age population are freelancers or self-employed, according to the Freelancer…