1-800Accountant Blog

taxes-truck-driver-operators

What Taxes Do Truck Driver Operators Have to Pay?

Truck drivers are some of the most resilient workers in the country. Long-haul trips, maintaining compliance with the FMCSA, and dealing with poor weather conditions and other drivers are all things truck drivers must deal with regularly. To top it off, truck drivers who are also owner-operators have additional tax requirements to consider. Here is […]

tax-tips-nft-investors

Top 5 Tax Tips for NFT Investors

The hottest new trend in digital finance is the non-fungible token, or NFT. Countless people are buying their way into it, and in some cases making a significant amount of money! The NFT itself is not an entirely new concept, but the market developing around them is a brand new phenomenon. The NFT market depends […]

coronavirus-2021-taxes

What to Know About Coronavirus Relief and Your 2021 Taxes

The COVID-19 pandemic hit the United States in the middle of the 2020 tax season. Uncertainty, social distancing, and state-mandated lockdowns greatly impacted our economy. More businesses have opened back up, and some areas have returned to at least some sense of normal pre-pandemic operations. So what does that mean for calculating your taxes? Early […]

small-business-tax-deductions-checklist

The Ultimate Small Business Tax Deductions Checklist

If you dread tax season every year, you’re not alone. It’s easy to wait until the last minute to prepare and file your small business tax return and figure out your small business tax deductions. No one likes the idea of losing money, and the complex record-keeping and paperwork required can make the whole process […]

how-will-my-side-hustle-affect-my-taxes

How Will My Side Hustle Affect My Taxes?

It’s the age of the gig economy. It’s not unusual for people to work multiple jobs and have a variety of income streams. Perhaps you spend most of your time working with an employer, but you’ve got a side hustle to generate more income.  There’s nothing wrong with working on a side hustle to augment […]

maximize-year-end-tax-breaks

How to Maximize Your Tax Breaks before the End of the Year

The year is almost over, and the holidays are quickly approaching. A lot is going on between last-push marketing efforts, holiday sales, and trying to carve out time to enjoy the holidays. One more thing that you might want to consider is how to maximize year-end tax breaks. You have options available, and you still […]

missed-deductions-freelancers

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. […]

doordashers-taxes

What Do DoorDashers Pay in Taxes?

DoorDashers work hard to deliver food and groceries to their customers. What DoorDashers pay in taxes for their work is a part of the job, but it’s something that could easily slip through the cracks.  There are a few things worth considering when it’s time to pay taxes. Tracking expenses can make claiming your deductions […]

maximize-year-end-giving

How to Maximize Year-End Charitable Giving in 2021

The end of the year is rapidly approaching. And while you might be eager to kiss 2021 goodbye, you might not like how fast it’s coming to a close. There are a lot of critical year-end tasks (like maximizing charitable giving!) and considerations for people and businesses. The end of the year is a busy […]

2021-end-year-tax-checklist

2021 End-of-Year Income Tax Checklist

Now is the time to get started on your end-of-year tax checklist. Check out our recommendations to get on top of the 2021 tax season. 1. Maximize Retirement Contributions The first item on your end-of-year tax checklist is to maximize retirement contributions. You can maximize your retirement contributions whether you have a Roth IRA or […]