Who Qualifies for Coronavirus Direct Payments?

The economic turmoil caused by the coronavirus has been substantial, especially for small businesses. Many people have found themselves out of the job, which has put undue financial stress on many American households. In response to the economic impact of the coronavirus outbreak, U.S. lawmakers recently passed an economic relief bill to support the public […]

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Best Time Management Apps for Small Business

time managment apps

Are you missing an important deduction, one that will help you live the freelancing lifestyle from wherever you travel? If you write for others from someplace other than a repurposed room in your home, you might be. Time is money, and in this case, it might help pay for a trip too.   Tracking your […]

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Coronavirus Resources for Small Business

The coronavirus brought the U.S. economy to a virtual standstill. Mandatory social distancing guidelines have led to grounded flights, canceled reservations, and shuttered business. Small business owners are particularly vulnerable to these obstacles. Luckily, both the private and public sectors are offering extensive support for businesses impacted by COVID-19. These coronavirus resources will help you […]

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Coronavirus Update: IRS Announces Major Tax Deadline Extension

Many businesses face significant uncertainties as a result of the COVID-19 outbreak. Officials ordered most businesses to close, and the ones that remained open are struggling to keep up sales while maintaining health standards. At this point, a serious economic downturn seems avoidable. However, the government is taking drastic action to support businesses and individuals […]

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5 of The Most Common Tax Questions

The tax code is complicated and confusing for many taxpayers. To make matters worse, the law is constantly changing, so it’s next to impossible for most business owners to keep up-to-date. It’s no wonder that many people have difficulty with tax preparation. Unfortunately, you can’t avoid it unless you want the IRS to come knocking. […]

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How to Calculate Effective Tax Rate

One of the leading questions when it comes to tax preparation is, what determines my tax rate? Tax rate measures the percentage of your income that you pay in taxes. Understanding your tax rate is important because it can help you better strategize your taxes, and that could save you big money in the long […]

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Building a COVID 19 Business Continuity Plan

The events of the last several weeks have left a lot of small businesses vulnerable. With the onset of COVID-19, many businesses are either unable to operate under social distancing mandates or have seen a significant drop in business as events have been canceled on a massive scale. For many small businesses like home sharers, […]

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COVID-19 Update: IRS Announces Big Changes in Notice 2020-17

We are dealing with unprecedented times. The prolific spread of COVID-19 has caught many taxpayers off guard. With mandatory social distancing in place, many small businesses have been forced to temporarily close or alter their business practices. The COVID-19 outbreak had a tremendous impact on many taxpayers. Self-employed workers and small business owners were among […]

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HomeAway vs Airbnb: Which is Better for Hosts?

HomeAway vs Airbnb, which is better? The timeshare industry has exploded over the last several years. Homeshare sites like HomeAway and Airbnb have gained in popularity. Travelers appreciate having flexible housing options when they travel. There are more short-term rental apps than ever before, so hosts have lots of options.  So which platform is best […]

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