by Christina Minton | Oct 31, 2022 | Miscellaneous
The IRS is more strictly enforcing rules that determine whether a worker is actually your employee, rather than an independent contractor. So be careful if you regularly pay a gardener, housekeeper, nanny, babysitter or any other household service provider. You...
by Christina Minton | Oct 3, 2022 | Miscellaneous
October extension deadline fast approaching Monday, October 17th marks the extension deadline for filing your 2021 Form 1040 tax return. Given all the recent tax legislation, numerous stimulus checks and COVID-related tax changes, there are more open tax return...
by Christina Minton | Sep 26, 2022 | Miscellaneous
Understanding the difference between these two tax rates The tax code is filled with terms we rarely use in everyday conversation. Two of the more common are Marginal Tax Rates and Effective Tax Rates. Knowing what they mean can help you think differently about your...
by Christina Minton | Aug 15, 2022 | Miscellaneous
How to ensure your business is not deemed a hobby You’ve loved dogs all your life so you decide to breed them and start a dog training business. Is this a business in the eyes of the IRS or a hobby? Knowing what the IRS is looking for and properly positioning your...
by Christina Minton | Jun 6, 2022 | Miscellaneous
What everyone should know Small business owners have a number of options on how to organize their business for tax purposes. And if you sell items on eBay or Esty, drive for Uber, or offer your services as a writer or programmer, you are probably considered a...
by Christina Minton | Apr 11, 2022 | Miscellaneous
Now is the time to file your taxes and make your estimated tax payment. Both your individual tax return AND first quarter estimated tax payment are due by Monday, April 18th. Here is what you need to know. First quarter due date: Monday, April 18, 2022 The estimated...
