1-800Accountant Blog


How to Report Etsy Income to the IRS

If you’ve been building a side hustle, Etsy is home to many artists and craftspeople selling their goods online – but you need to remember to report Etsy income when it’s time to file your returns. Some people work full-time making and selling their products through online platforms like Etsy, while others may only do […]


5 Small Business Bookkeeping Basics You Can’t Ignore

Bookkeeping is an essential part of small business operations. It plays a significant role in keeping your small business finances organized and is especially helpful come tax time.  Bookkeeping has benefits for beginners, but learning the basics of bookkeeping may help you save time and money. Here are the basics of bookkeeping for beginners, which […]


How to Lower Capital Gains Taxes on Rental Properties

Rental properties are a convenient way to increase assets. Capital gains tax may play a significant role in rental property landlords’ investments. The exact amount you may owe in capital gains tax can depend on different criteria, but there are ways you can avoid paying capital gains tax. Here is what you should know about […]


7 Ways to Grow Your Small Business in 2022

A new year has begun, and small businesses are ready to boost their sales after enduring a period of instability stemming from the pandemic. Now is the time to set smart goals that will help grow your small business.  If you started your business last year, or you’re starting one this year, growth is most […]


Commonly Missed Tax Deductions for Freelancers

If you’re a freelancer, you’re used to doing everything yourself. While clients can be a challenge at times, you run your work by yourself and never have to rely on anyone else.  Of course, doing everything by yourself can become a problem when tax season comes around, and you have to work on your return. […]


What Do Rideshare Drivers Pay in Taxes?

Rideshare driving is one of the most popular industries today. It’s a convenient way for many people to make a living, all while dictating their own schedules. Rideshare drivers are self-employed individuals, like other workers in the gig economy, and therefore must pay their own taxes.  While rideshare services like Lyft and Uber provide tax […]


How to Start a Fulfillment by Amazon Business

Starting a Fulfillment by Amazon business can lead to great results for sellers who want to appeal to a large customer base. Amazon allows sellers to market and sell products in almost any category and in only five steps.  Although there are only five steps to start an FBA business, there are a few things […]


6 Steps to Start an LLC in Texas

There are a lot of advantages to starting an LLC in Texas. Its business-friendly climate and large workforce make forming an LLC in Texas an easy choice. While creating an LLC in Texas is a great business decision, there are some things to know first.  The state of Texas is unique from other states with […]


Doing Business As: What is a DBA?

What’s in a name? The names you use for your business can communicate so much about who you are and what you do, and customers can use your name to share with others and spread the word.  Choosing a name for your business is a relatively straightforward decision, but it can have a significant impact […]


Deductions by Design: 13 Tax Deductions for Architects

The day-to-day life of an architect encompasses a wide variety of duties. As an architect, you may have several expenses that are tax-deductible—but only if you know which ones to claim. Your work may allow you to qualify for several tax deductions. Here are the top 13 tax deductions if you’re an architect. Top Tax Deductions […]