Why Everyone Should Use A Mileage Tracking App

It’s no secret that tracking your business mileage can save you money come tax season.  Whether you’re a small business owner or a salesman, a freelancer or an online shop owner, you are leaving money on the table every time you use yo…

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…

What’s new about the home office deduction in 2018?

If you work at home – even just part-time – you may claim a tax deduction for expenses related to your home office.

The new tax laws, however, may affect whether you are still eligible to claim those costs as a ta…

A Short Self-Employed Guide to Deducting Travel Expenses

If you have to travel as part of being self-employed, you know traveling costs can add up fast. Fortunately, there are a few tax breaks available to offset those expenses.

Follow this quick guide to learn how to lower your ta…

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!

Are You a Freelancer? Get a Handle on Your Taxes

Freelancing brings a lot of great benefits to the table. You get to control your own schedule. You can charge what you want for your services. You can work from practically anywhere. Yet, being a freelancer also comes with its own set of challenges. On…