Showing: 21 - 26 of 26 Articles

Should I Take Out a Loan to Pay Off Tax Debt?

**THE INFORMATION SHARED HERE IS FOR EDUCATIONAL AND ENTERTAINMENT PURPOSES ONLY ** IT SHOULD NOT BE TAKEN AS TAX ADVICE. PLEASE CONSULT WITH A TAX PROFESSIONAL REGARDING YOUR PERSONAL TAX SITUATION. Looking to start a home business, grab a copy of Home Biz Success Guide here: bit.ly/homebizsg Into Cryptocurrency? Grab my guide here: bit.ly/bitcointaxguide Connect …

When is Social Security Taxable with Home Business Income?

**This video is not intended to be tax advice. Seek your own tax professional about your personal tax situation. ** When is Social Security Taxable with Home Business Income? Book a Complimentary Consult here: www.homebiztaxchat.com Looking to start a home business, grab a copy of Home Biz Success Guide here: bit.ly/homebizsg Into Cryptocurrency? Grab my …

Getting Paid on W2 or 1099Misc. Which is Better?

**This video is not intended to be tax advice. Seek your own tax professional about your personal tax situation. ** Getting Paid on W2 or 1099Misc. Which is Better? Book your complimentary consult here: www.HomeBizTaxChat.com Looking to start a home business, grab a copy of Home Biz Success Guide here: bit.ly/homebizsg Into Cryptocurrency? Grab my …

How Home Business Owners can Maximize the Meals Deduction

How Home Business Owners can Maximize the Meals Deduction   The information shared here is for presentation purposes only. Please consult your tax professional regarding your specific tax situation.   With this post, I’m going to share with you how to max out your meals deduction and why you should never eat alone. The primary …

6 Critical Components of Indisputable Documentation for Home Business Owners

Home business owners shudder at the sound of the word ‘Audit’. Collectively, we should. Why? When it comes to being audited, we are often ill-prepared, or not prepared at all. Let’s clear up some myths. While home business owners are 3 times more likely to get audited, than W-2 wage-earners, we are no more likely …

The Quick and Dirty on IRS Audits

If there is an ‘A’ word that strikes fear in the normal human being, it’s ‘Audit’. The official definition of an audit is:  an official inspection of an individual’s or organization’s accounts to ensure the taxpayers are complying with tax laws and reporting the correct amount of tax, income, and expenses. The real definition, to …