Working from Home? Is there a Tax Deduction?
It’s been a year, and we’re still working from home! Thanks coronavirus. Can I qualify for a special tax deduction for using my home as a workplace?
Don’t Miss Out on Tax Credits
Tax credits are a tax benefit that offsets your actual tax liability, as opposed to a tax deduction, which reduces your income. The following is a summary of some of the tax credits available to individual taxpayers:
5 Tips for Operating a Successful Gaming Business
If your teens or grandchildren talk about becoming a famous gamer on YouTube, you may think their dreams of playing video games is ridiculous. However, their passion for playing can become a real business.
6 Tax-Filing Statuses—Understanding the Difference
Single and MFJ are just the tip of the iceberg when it comes to determining the proper and most beneficial filing status.
7 Personal Finance Tips for Freelancers and Gig Workers
We offer 7 personal finance tips that can benefit every person working as part of the freelance and gig economy.
American Rescue Plan Act: Stimulus Payments Approved
As one of several government measures intended to help financially stressed citizens, a third, much-anticipated economic impact payment (EIP) was approved by Congress.
What to Do if You Receive an Incorrect 1099-G
We explain what to do if you received a 1099-G for unemployment benefits you didn’t receive.
What Is a Joint Venture?
When multiple business entities make a decision to start a new business together as a cooperative arrangement, they form what is known as a joint venture. In creating a joint venture, each of the involved entities agrees to what assets they will contribute, how they are going to distribute income and share expenses, and how the new entity will move forward.
Solar Tax Credit Extended for Two Years
Thinking about going solar? There’s a lot to consider before making the final decision. Is it worth it, and is it the right financial move for you?
Tax Consequences of PPP Loans
If you are a small-business owner, chances are you have heard of and dealt with the headaches surrounding the Paycheck Protection Program, deferral of payroll taxes, and remote working. Tax and Business Consultant Emily Rubenstein, CPA, shares the tax consequences some small-business owners may face in this Small Business Minute. This article is for demonstrative…