Documentation for Business Deductions
Proper Documentation for Business Deductions As a small business owner, you understand the importance of maximizing your deductions to reduce…
Posts by SAChillman
How to determine if you have an employee or subcontractor
Employee vs Subcontractor: Key Differences Unraveled As a business owner or manager, it’s crucial to understand the biggest differences between…
Tax Evasion vs Tax Avoidance
Understanding the Difference: Tax Evasion vs Tax Avoidance Taxes are essential to society and are used to fund various government…
Tax deductions and tax credits
Tax deductions vs tax credits There are tax deductions and tax credits. The difference between tax deductions and tax credits…
Retirement Income Tax Filing
Do you have to file a tax return after you retire? Retirement Income Tax Filing is a question you may…
Common Tax Filing Mistakes
Double Checking your taxes will eliminate Common Tax Filing Mistakes Tax season is upon us, and the last thing anyone…
Improve Small Business Operational Weaknesses
Do You Know What Your Small Business’s Financial and Operational Weaknesses Are? All businesses have operational weaknesses, but some are…
Renting to Family or Friends: Avoiding IRS Tax Issues
Renting to Family or Friends: Avoiding IRS Tax Issues Be aware of the tax rules while renting property to family…
Stock and Crypto Cost Basis
Stocks and Crypto Cost Basis Stock and Crypto Cost Basis, what you need to know when you complete your Federal…
Crypto is Taxable: Why You Need to Report All Transactions
Reporting your Crypto Transactions Helpful Information. Yes, your crypto income is taxable in the United States. Cryptocurrency has gained incredible…