If you’re an Airbnb host, one of your top priorities should be protecting yourself from liability. Whether it’s a tenant suing over an injury or a municipality fining you for […]
Which Entity Fits Your Business Structure? – LLC, S-Corps, and More
Starting a business is exciting, you’re filled with optimism and ready to take on a new challenge. However, the excitement comes with mundane tasks. You could have to open new […]
IRS Hobby Loss Rules: Deductions for Doing What You Love
Have you ever considered turning a hobby into an income-producing activity? Starting a second business around something you love to do can provide outstanding tax benefits. But, before diving […]
CO’s New Rental Laws for Airbnb Hosts in 2022
Sites like Airbnb and VBRO have gobbled up huge market share in the hospitality industry. Unfortunately, this shift has caused drastic changes in some locales. Real estate investors have poured […]
Top-5 Tax Tips for a Stress-Free Filing Deadline
Tax season is approaching rapidly, so it’s time to start preparing for a smooth and successful filing deadline. Getting your ducks in row early can save you from a major […]
Can I Still Get a Self-Employment Tax Deferral?
In 2020, the US Congress passed the CARES Act to help ease pandemic-related difficulties for small businesses and taxpayers. One of the act’s key provisions allowed some taxpayers to take […]
How to Save with the Alternative Motor Vehicle Credit 🔋
The federal government wants businesses to adopt sustainable energy, and they’re offering tax breaks to incentivize business owners. Businesses who make the leap can get tax credits, rebates, and more. […]
How to Get a Land Conservation Easement for Tax Savings
Are you sitting on extra undeveloped land? Putting it into a land conservation easement could earn you substantial tax savings. However, the process involves multiple steps and third parties. Fortunately, […]
How to Get an IRS Identity Protection Pin
Identify theft is running wild in the US, and tax returns are a prime target for bad actors. To combat this issue, the IRS started assigning IRS identity protection pins […]
How to Get Your Prior Year AGI
When it comes to filing your taxes, there are a couple of different ways you go about it. You can file a paper return by mail, or you can e-file. […]