Amended Tax Return: When and How to Do It
An amended return is redoing your taxes. You may need to amend your return if you realize you’ve made an error or if the IRS… Read More »Amended Tax Return: When and How to Do It
Do You Have to Pay Taxes on Hobby Income?
Hobby income is income, too. And just like any other income, the IRS wants its cut. How much can you earn from a hobby before… Read More »Do You Have to Pay Taxes on Hobby Income?
What’s the Best Software for a Schedule C Tax Return?
Did you get a 1099-NEC and need to file a Schedule C? Find out what tax software lets you do it and which works best.… Read More »What’s the Best Software for a Schedule C Tax Return?
How Do Taxes Work for Lawn Care Businesses?
Whether you mow a few yards as a side gig or have a full-service lawn care business with employees, taxes are as unavoidable as rainy… Read More »How Do Taxes Work for Lawn Care Businesses?
Should I Become a Business?
“I’m doing X as a 1099 side job or Y freelance work, should I become a business?” The answer is that you already are a business. The real question is what formal steps you should take to save taxes and avoid liability.
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TSheets.com Review: Quickbooks Time Tracking Software
This is a short post with my TSheets review after using it for a couple of weeks. I’m just going to give big picture thoughts… Read More »TSheets.com Review: Quickbooks Time Tracking Software
CP501 Notice: Reminder of Money Owed to the IRS
A CP501 notice is a reminder that you owe money to the IRS. You should have already received a CP14 or other notice stating that you have a balance due. A CP501 means that the IRS still has not received your payment and is getting closer to taking further collections action.
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