Covid-19 Related Tax Credits for Small Businesses
We all know that the recent viral outbreak (Covid-19) has really taken its toll on the global business. Previously, all
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tax return
New Meals & Entertainment Deductions Under Tax Cuts and Jobs Act
Previously, the IRS was quite lenient when it came to the business-related meals and entertainment deductions. 50% of such business
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W-2 or 1099 for Babysitter? A Simple Guide to Help You Decide
A few weeks ago, while providing Accounting and Tax-related services to one of my clients in the Real Estate niche,
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Complete Guide of Section 199A Qualified Business Income Deduction
2018 taxes are going to be due just after 4 months and you need to start preparing for it right
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How to Report Rental Income on a US Tax Return
If you’ve gone to Lynchburg real estate agents in the past and invested in real estate you’ve then rented out,
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Schedule E – “What”, “Who”, “When” and “How”
You know, what’s more grueling, tedious and tiresome than gathering all your year-long financial information to jot it down on
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Schedule C Form 1040 – How to Complete it?
If you’re self-employed or manage your own business as a sole proprietor, chances are that you may need to report
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How to Prepare and File Xero 1099 MISC Form
If you happen to own a business in US, I’m sure you’re quite aware of what form 1099 is. Why
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AOTC & LLC – Two Higher Education Tax Benefits For US Taxpayers
No doubt, college and higher education in the US is expensive for sure. In fact, non-affordability is one of the
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How to Claim Tax Benefits on your Job Hunting Expenses
Unemployed and looking for job? Did you know that you can claim job search tax deductions in your annual individual
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