Tax-advantaged retirement accounts such as IRAs are a great way to save for retirement. But when you establish a traditional IRA with a bank, a

Do you have a sideline activity that you think of as a business? From this sideline activity, are you claiming tax losses on your Form

Tax Credits for Schedule C Businesses without Employees   Obtaining a tax credit is the next best thing to paying no taxes at all. The

  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