Posts

Getting Paid in Virtual Currency

If you’re self-employed and are considering virtual currency as a payment method, you’ll be surprised to find that not much… Read more

August 13, 2023
Tax Rules for Students Working

Scenario: An 18-year-old college student, who is claimed as a dependent on his parents’ tax return, decides to get a… Read more

August 3, 2023
Deducting Mortgage Interest on a Duplex Rental

If you purchased a duplex so that you can live in one unit and rent out the other, you’ll have… Read more

July 31, 2023
Are Social Security Benefits Taxable?

If your only income comes from social security benefits, generally there’s nothing to report and your benefits are not taxable.… Read more

July 27, 2023
Should You Save Your Receipts?

Deductions lower your taxable income. The lower your taxable income the lower your tax. The IRS gives you two options… Read more

July 25, 2023
Form W9 For Independent Contractors

If you’re planning on doing freelance work for a business, either a company or another independent contractor, they might have… Read more

July 12, 2023