The Basics of Depreciation
Are you thinking about buying personal property (such as a car, a computer, or other equipment) or real property (such as a building)? If
Are you thinking about buying personal property (such as a car, a computer, or other equipment) or real property (such as a building)? If
Taxes are the single largest expense a self-employed person pays year to year. In your lifetime, you will almost certainly give more of your money
Three bad things happen when you file your tax return late. What’s Considered Late? You can extend your tax return and file during the period
Figuring out what’s legitimately tax deductible when it comes to travel days can sometimes be tricky for small business owners. When you travel to a
Do you have a household employee such as a nanny, a caregiver for an elderly relative who moved in with you during the pandemic, or
Question I own rental property, and I just left my first IRS audit. The IRS auditor arrived at the audit with the county tax assessor’s
Taxpayer DJ is in an IRS audit of his 2018 tax return. It is now at the IRS appeals level. The vehicle in question is
Cryptocurrencies have gone mainstream. For example, you can use bitcoin to buy far more than you would think. To see, try googling “What can I
You will likely want to download this handy desktop reference and save the PDF on your computer or smartphone for easy reference. In just two
What happens when lawmakers enact a new tax? It starts small. It looks easy. In 1935, the self-employment tax topped out at $60. Those 1935
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