The answer depends on your net income and filing situation, but a starting point of 25–30% of net earnings works for most drivers. This article breaks down the two taxes you owe, a practical set-aside…

Whether you’re an experienced rental host or just starting an Airbnb business, forming an LLC could benefit your operations. Use this guide to learn about the tax benefits of forming an LLC, how your …

When you sell on Amazon, you're self-employed, which means every dollar of profit lands in your account with zero taxes withheld. This article focuses on income tax and self-employment tax considerati…

Juggling your tax responsibilities while delivering for Walmart's Spark Driver platform can be challenging. Use this guide to understand your tax obligations for the year and the opportunities to redu…

While popular short-term rental platforms like Airbnb and VRBO have provided a new revenue stream for short-term rental property owners, it can complicate their tax situation with unanticipated comple…

Self-employed individuals, freelancers, and small business owners who lease a vehicle can deduct part of the cost, using either the standard mileage rate or the actual expense method. Use this blog to…

Usage rights determine who can use your creative work, where, for how long, and under what conditions. This guide covers how license types work, how to write them into your contracts, pricing consider…

While Shopify may collect sales tax on your behalf depending on your settings, reporting your income to the IRS is entirely your job. This guide walks you through filing taxes on Shopify, covering eve…

Shopify, Amazon, Etsy, and independent online store owners should use this article to understand the top tax deductions they can claim to minimize their tax bills, along with cost of goods sold and sa…