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Accounting and Tax Tips Blog

Tax Help for Turo Fleet Owners

Now is a good time to start thinking about your taxes, especially if you are self-employed. It really is never too early to start planning for taxes. The most well-thought tax planning strategies typically yield the biggest tax savings. As a Turo fleet owner, or if...

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4 Game-Changing Tax Deductions for Etsy Sellers

Etsy sellers can save a lot of money by taking advantage of tax deductions. If you’re not familiar with tax write offs, you might be surprised when you learn how much you can save. Every business owner and 1099 contractor should take advantage of these tax...

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How To Get A Tax Return Transcript In 10 Minutes

Tax season proves to be a busy time of year for many people. As you are gathering your important financial information, it may also be a good idea to obtain a copy of your previous years tax transcript. It is also a best practice to confirm that the information...

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2019 Tax Changes For 1099 Independent Contractors

If you work as an independent contractor or are self-employed it is important to stay up to date on the latest tax changes. As we start gearing up for tax season, you may be wondering what has changed for tax year 2019 (filed in 2020). With the passage of the Tax Cuts...

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Tax Brackets for Self-Employed Individuals in 2020

Tax season is approaching fast, so you should get focused on your taxes. Your taxable income will determine your final year-end tax bill. To determine taxable income, subtract your allowed deductions from your total income. Your adjusted gross income will include...

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