Rental properties offer a convenient way to increase assets. However, capital gains tax may play a significant role in rental property landlords’ investments. The exact amount you may owe in capital gains tax can vary based on a number of factors. In this article, we will discuss strategies you can use to help avoid paying […]
Learning to keep track of your books is important for any business owner. Sound financial information makes it possible for them to accurately maintain their books, file their taxes, and make business decisions. There is a lot of work that goes into maintaining your books and keeping track of your accounts. If you don’t organize […]
If you own a small business or you’re otherwise self-employed, you have to take responsibility for yourself in many different ways. No one else is going to withhold taxes from your salary, so you have to make estimated tax payments for yourself. No company is going to put you on their group health insurance plan, so […]
The day-to-day life of an architect extends beyond just design and construction—it also offers the opportunity to smartly navigate your finances. As an architect, you encounter a wide range of expenses and some of them are tax-deductible. All you need is the right knowledge or guidance to identify and claim them. Ready to dive into […]
As a small business owner, you always want to do what’s best for your business. This includes making the perfect hires, selecting the right vendors, and choosing the best person to do your taxes. But which is best for your business, a CPA or a tax preparer? Use this blog as your guide to understanding […]
Certified accountants have the knowledge and experience needed to help you navigate the taxes and finances specific to your business. However, it’ll take the right accountant with the appropriate experience and background to give you the support that you need. To help you find the right accountant for your business, we’ve developed a list of […]
There’s a lot to keep track of when you’re starting your small business. One of the most important is tracking your expenses so that you can write off business tax deductions when it’s time to file. Did you know that each mile you drive for business purposes can be deducted? You can claim deductions for […]
Freelancers work in almost every industry. Their work allows flexibility in various sectors for many workers, but freelancers still have accounting needs they must meet. With the new year upon us, it’s an excellent time for freelancers to prepare for their annual tax needs. There’s time to implement strategies and ways that an accountant or […]
If you’ve been building a side hustle as an Etsy seller, and you’re wondering, “do I have to report Etsy income on my taxes?” you’ve come to the right place. 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 […]
While most people don’t think of tax season as an exciting time to look forward to, it doesn’t have to be something you dread. You’ll be okay if you know what you’re getting into and prepare. And there’s no better time to prepare than right now, especially as we start approaching the end of the […]
