Category Archives: Bookkeeping

Tax Tips to Consider for Cash Intensive Small Businesses in the Sharing Economy

The following article was published by the IRS. Small business owners that offer goods and services through an online platform may be part of the sharing economy. Some participate part time while others operate full time. Activities such as ride … Continue reading

Posted in Accounting, Bookkeeping, EFTPS, Personal Taxes, Planning Strategies, Self-Employed, Tax Tips | Tagged , , , ,

Self-Employed Tax Guide

There are several different types of workers who label themselves as self-employed. Some call themselves freelancers, while some are part of the “on demand” economy. Still others consider themselves consultants, contractors, or even solopreneurs. Regardless of the term, one of … Continue reading

Posted in Accounting, Bookkeeping, E-file, EFTPS, IRS, Planning Strategies, QuickBooks, Self-Employed, Tax Tips, Taxes, YouTube | Tagged , , , , , , , , , , , , , , , , , , , , ,

Choosing the Correct Filing Status

The following article was published by the IRS. When taxpayers file their tax return, it’s important they use the right filing status because it can affect the amount of tax they owe for the year. It may even determine if … Continue reading

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Organization 101: How to Tame Your Paperwork

This YouTube video is from Money Talk News. There is no doubt about it, we live in a digital age. But despite much of our information existing in the cloud these days, there is and will always be some level … Continue reading

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2017 Standard Mileage Rates for Business, Medical and Moving Announced

The following article was published by the IRS. The Internal Revenue Service has issued the 2017 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. Beginning on Jan. … Continue reading

Posted in Bookkeeping, IRS, Non Profits, Personal Taxes, Planning Strategies, Taxes | Tagged , , , , ,

Tax Records What to Keep

The following article was published by the IRS. As tax filing season approaches, the Internal Revenue Service has information for taxpayers who wonder how long to keep tax returns and other documents. Generally, the IRS recommends keeping copies of tax … Continue reading

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Tax Help for Self-Employed and Sharing Economy

The following article was published by the IRS. As tax filing season approaches, the Internal Revenue Service wants taxpayers who are self-employed or involved in the sharing economy to know about free resources that are available to help them with … Continue reading

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