How to Calculate Amortization Expense for Tax Deductions
Amortization is a term you’ve probably heard a few times, but it’s a little tricky to define. To complicate things more, it has more than one meaning in the financial […]
Author: Chris Dios
Posts by Chris Dios
How to Pay Your Cryptocurrency Taxes and Stay Out of IRS Trouble
Cryptocurrencies like Bitcoin and Ether have gained a lot of traction over the last several years. However, crypto regulations are notoriously vague, particularly in regard to cryptocurrency taxes. Some crypto […]
How to Access the Airbnb Superhost Relief Fund
Nationwide lockdowns have taken a significant toll on the travel industry. Airbnb bookings are nosediving all over the country. The economic disaster has left many hosts wondering how they are […]
Choosing an Entity that Fits Your Business Structure
Most businesses start out as a simple sole proprietorship. However, if your business is successful, you will probably start looking rethinking your business structure relatively soon. Sole props are fine […]
Airbnb Tax Help: Video Walkthrough
One of the most lucrative ways to earn an income in the Sharing Economy is through home-sharing platforms like Airbnb. Airbnb allows homeowners to rent out their vacant properties and […]
Bitcoin Taxes for Crypto Traders
Bitcoin and other convertible virtual currencies have gained a lot of traction over the last several years. In its infancy, there was a lot of grey area in terms of […]
Are Credit Card Rewards Taxable?
Many lenders offer credit card rewards as an incentive to attract customers. These bonus goodies come in the form of cash, account credits, airline “miles”, and much more. Previously, only […]
How to Access Coronavirus Relief Loans
The coronavirus outbreak brought the U.S. economy to a grinding halt, and the resultant economic fallout devastated the small business community. However, the government recently approved billions in funding to […]
What Is the Head of Household Deduction?
How you file your taxes has a lot to do with how much money you save on your tax bill. The IRS has 5 different filing status options, and you […]
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. […]