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 […]
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 […]
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 […]
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 […]
It is crucial for small businesses to be aware of the new reporting requirements of the Corporate Transparency Act (CTA). The CTA requires small businesses to report certain information about […]
The earned income tax credit (EITC) offers big savings to wage-earners with dependents, but many taxpayers inadvertently overlook this valuable credit. In this article, I’ll provide an overview of the […]
Cost segregation can help you reap huge tax savings, and it’s an excellent defense against an IRS inquiry. However, there’s a lot of confusion around this somewhat sophisticated tax strategy. […]
Renting your car on Turo and Getaround can be a rewarding way to earn extra income, but it can also come with its share of challenges. One of the most […]
If a portion of your home is used for conducting business, you may qualify for a home office deduction. You can choose from a couple of different methods for calculating […]
In the competitive world of rentals, focusing on both quantitative metrics like ROI and occupancy rates, as well as various qualitative aspects, is essential for success. The Importance of Aesthetic […]