1-800Accountant Blog

engineer-tax-deductions

Blueprint for Savings: Best 7 Tax Deductions for Engineers

If you haven’t yet filed your taxes and work as an engineer, check out these seven common tax deductions that could minimize your tax burden this year! Tax Deductions for Engineers Engineers can receive tax deductions for different aspects of their jobs. The best tax deductions for engineers follow. 1. Advertising You can claim a […]

commercial-truck-taxes

Taxes for Truckers: Different Types of Commercial Truck Taxes

Working as a commercial trucker can be difficult. It can be confusing to keep track of deadlines, distance, and hours logged right around the tax season. While you may focus only on transportation, tax time is almost here. If you’re trying to determine the types of commercial truck taxes you may pay, here’s what you […]

architect-tax-deductions

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 […]

rental-property-tax-deductions

Real Estate: Tax Deductions You Can Claim on Rental Property

Taxes can be tricky for real estate professionals. You might have a lot of expenses maintaining your properties, but how do you report those on your tax return? The IRS has specific restrictions on rental real estate income and how to report it, but they also offer deductions for many eligible business expenses. If you […]

california-small-business-tax

How to Deal with Small Business Taxes in California

Filling out the federal tax return for yourself or your business can be hard enough, but you’re not finished until you’ve handled state taxes as well. Each state has its own unique rules and regulations for taxes on small businesses. A few states don’t have an income tax for you to worry about, but California […]

tax-consultant-help-small-business

Tax Consultants: How Can They Help Small Businesses?

Every small business has to deal with taxes, but not every company and business owner handles them equally well.  Many business owners barely get by, turning in tax returns at the last minute and praying to avoid an audit. And that’s understandable! Tax law is almost endlessly complex, and specific requirements change all the time.  […]

veterinarian-tax-deductions

Pet Savings: 11 Tax Deductions for Veterinarians

Running a veterinary practice is a lot of work. Between providing care on the medical side and managing your business on the administrative side, it can be hard to balance and keep your priorities in order. You want to focus on the animals you love so much, but how can you concentrate when you have […]

rideshare-driver-tax-deductions

Uber and Lyft: Best Tax Deductions for Rideshare Drivers

Each Lyft and Uber driver has to file their own tax return as an independent, self-employed individual. Some recent California laws have mandated that rideshare companies employ drivers directly. However, until other states do so as well, individual rideshare drivers are independent contractors.  That means each Uber driver essentially represents their own small business. This […]

rideshare-driver-tax-guide

Complete Guide to Handling Taxes for Rideshare Drivers

As a rideshare driver, you are considered self-employed and treated as a business by the IRS. However, this may change if local or state laws require Uber or Lyft to employ drivers directly.   Tax obligations can be incredibly complicated for Uber and Lyft drivers. You don’t have an employer handling many tax compliance concerns for […]

capital-gains-tax-what-to-know-when-selling-rental-property

Capital Gains Tax: What to Know When Selling Rental Property

Maintaining rental properties is a great way to earn passive income. Furthermore, many rental property owners choose to sell their properties, usually making a profit in the process. While selling a rental property can earn serious gains, sellers must understand how capital gains taxes will affect their sale.  Here’s what you should know about capital […]