Tax Considerations for Professional Gamers
Although the history of video games can be traced all the way back to the 1950s, it wasn’t until the rise of the internet that gaming started evolving into what it is today – an…
Article Category: Self Employed & 1099 Contractors
5 Commonly Overlooked Tax Deductions for Truck Drivers
Truck drivers working as independent contractors are able to claim a number of deductions when filing their tax returns. As opposed to truck drivers who work for companies (and receive a W2 detailing their earnings),…
How to Convert to an S-Corp: 4 Easy Steps
As a solo business owner, you wear a lot of…
How to Find a Great CPA: Your Simple Guide
One of the most important keys to success for your…
5 Steps to Estimate Quarterly Income Tax for 1099 Contractors
Being a self-employed 1099 contractor or freelancer has its perks. You can work flexible hours and enjoy deductions unavailable to those who get a W-2 instead of 1099s. But with…
The Best Free Income Tax Estimators For The Self-Employed
We all know that paying taxes is part of being a functional member of society, but let’s be honest: taxes can be incredibly complicated. Tax laws also consistently change, and…
Can I Deduct My Phone Bill as a Business Expense?
If you are anything like the vast majority of Americans…
Do Independent Contractors Qualify for QBI?
What is Qualified Business Income? “QBI” is short for “Qualified…
Can Independent Contractors Claim the QBI Deduction?
After the Tax Cuts and Jobs Act was passed in…
PPP Loan Update For Solopreneurs & The Self-Employed
News reports are saying the SBA is out of money…
Top COVID-19 Relief Options for Freelancers
An outline of the main options and programs for Freelancers, Solopreneurs, and 1099 Contractors who are in need of COVID-19 relief funds: Paycheck Protection Program Loan SUMMARY: Loan for…