Form 1040EZ: How to File a Simplified Tax Return

For 1040 is the form you use to file your taxes. Currently, Form 1040 is also available as Form 1040A and 1040EZ. The form you’ll need to use depends on various factors, including your filing status, overall income, and how many dependents you’re claiming. However, Form 1040EZ is the simplest version of this form, so […]

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What is a Property Lien and How to Get Out From One

Creditors have a lot of collection weapons in their arsenal, but a property lien is one of the most feared. Property liens create major hassles for both the property holder and any parties interested in buying the underlying assets. If you’re up against a property lien, you probably have a lot of questions. Don’t worry, […]

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6 Tips for Avoiding an IRS Audit

No one wants to run afoul of the IRS. Few situations can invoke as much angst as an IRS audit. Although, none really come to mind at the moment. An IRS audit is the result of the IRS wanting more information from you. There are various reasons why an IRS audit may be triggered. The […]

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FFCRA Tax Credits for Self Employed: Family Leave and Paid Sick Leave

Congress passed the Families First Coronavirus Relief Act (FFCRA) to soften the financial impact of nationwide lockdowns. One notable benefit of this program is government-backed sick leave for employees. Self-employed workers and freelancers can also tap into this program by claiming FFCRA tax credits. However, you must meet specific criteria to qualify for these benefits […]

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How to Use an ACH Transfer to Save on Invoicing

Payment processing fees can add up. A few percentage points may not seem like much, but these fees can add up to thousands of dollars in extra costs by the end of the year. Requesting payments via ACH can result in significant savings over third-party invoicing services. ACH transfers are typically free, so you can […]

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Uber Tax Forms: What You Need to File

Taxes are an inevitable part of working. Regardless of how you earn your income, taxes must be paid on the income you earn. The tax filing deadline is quickly approaching. If you haven’t filed your taxes yet, now is a good time to start gathering the necessary documents. If you drive for Uber or work […]

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NEW Host Tax Essentials Kit
Everything you Need for Airbnb Taxes