The rise of home-based businesses represents a fundamental shift in the way Americans work. Home businesses offer their owners a convenient and flexible way to earn income without commuting to a traditional office. They may…
Gifts That Keep Giving: Tax Considerations for Business Gift-Giving
As the holiday season approaches, gift-giving is on the minds of many business owners. But there are reasons why a business owner may want to give gifts to workers and clients throughout the year and…
Filing Taxes When You Work or Reside in Multiple States
If you travel frequently for work, or work in a state different from where you live, you are likely to have a lot of questions come tax time. In which state should I pay taxes?…
Federal Income Tax Filing for Newbies
You know what it means to take the responsibility of filing your own taxes? More than deciding to bravely step into the fog-veiled quagmire of the U.S. tax code, you have crossed into the realm…
Living Abroad? How You Can Reduce Your Tax Liability
Many Americans choose to live in a foreign country, either because of a great job offer, because they are following the digital nomad lifestyle, or because they need to be close to a foreign spouse's…
Most Common Tax Deductions for Small Businesses
There are many expenses incurred in starting, running, and growing a business. Luckily for business owners, many of these expenses can be deducted. Knowing which expenses you can deduct helps to lower your tax burden…