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Accounting and Tax Tips Blog

Can I Deduct Moving Expenses in 2025?

Posted on April 22, 2025 by Miguel Alexander Centeno Posted in Tax Tips

The average cost of an in-town move hovers around $2,000, while relocating across the country can approach $30,000. Because moving is often tied to job changes, many taxpayers wonder whether […]

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The Best Section 179 Vehicles for 2025

Posted on April 16, 2025 by Miguel Alexander Centeno Posted in Depreciation

Small business owners are always looking for ways to save money, and the IRS offers several tax incentives to help businesses grow and reduce costs. If you purchased or leased […]

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Standard Mileage vs Actual Expenses: What’s Best for Uber Drivers?

Posted on April 9, 2025 by Miguel Alexander Centeno Posted in Rideshare Taxes

If you’re an Uber driver, one of the key decisions you’ll face when tax season rolls around is how to deduct your vehicle expenses. There are two main methods available: […]

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Property Depreciation for Airbnb Hosts in 2025

Posted on April 3, 2025 by Miguel Alexander Centeno Posted in Airbnb TaxesTagged Airbnb Deductions, Real Estate Strategies

If you own the property you host on Airbnb, understanding how depreciation works could unlock one of the most powerful tax-saving tools available to short-term rental investors. Depreciation allows you […]

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Annual Filing Requirements for Business Entities: State By State

Posted on March 26, 2025 by Miguel Alexander Centeno Posted in Business, LegalTagged Compliance

For LLCs, corporations, and nonprofits, annual filing requirements are more than just a formality—it’s a key part of maintaining legal compliance and keeping your entity in good standing with the […]

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Webinar Recap: Superhost Secrets Most Airbnb Owners Miss with Ashleigh Brown

Posted on March 19, 2025 by Miguel Alexander Centeno Posted in Webinar Transcripts, Airbnb Taxes, Tax Tips

The difference between a good Airbnb listing and a great one often comes down to seemingly insignificant details. We recently hosted Ashleigh Brown for our webinar “The Journey to Superhost: […]

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The Last EVs Standing for Tax Credits in 2025

Posted on March 12, 2025 by Miguel Alexander Centeno Posted in Tax Tips, Carshare Taxes, Rideshare Taxes, Tax & Accounting News, Turo Taxes

The electric vehicle tax credit landscape is changing as we speak, with manufacturers racing to adapt to changing federal tax credit requirements. As tax experts working with businesses and individuals […]

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Schedule C vs Schedule E for Airbnb Income

Posted on January 31, 2025 by Miguel Alexander Centeno Posted in Tax Tips

Airbnb hosts have two options for declaring rental income on their tax return. Each presents its own benefits and drawbacks, so the best choice for you will depend on several […]

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Five to Thrive in 2025

Posted on January 29, 2025 by Miguel Alexander Centeno Posted in Tax Tips

As business operators and investors step into 2025, it’s time to focus on strategies and opportunities that can set the stage for a successful year. Whether you’re a business owner […]

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The Best Way To Pay Your Sharing Economy Taxes

Posted on January 15, 2025 by Miguel Alexander Centeno Posted in Tax Tips

As a sharing economy business owner you have to keep track of both federal and state taxes to deal. With the addition of some sales & use tax and estimated […]

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