What you need to know about taxes if you work in the gig economy. In recent years, the gig economy has experienced tremendous growth, with more individuals than ever before working as freelancers, independent contractors, and gig workers. While the gig economy offers flexibility and autonomy, it also comes with unique tax considerations. If you’re…
Find out who qualifies for employee business expense deductions and how to claim them. Employee business expenses can add up quickly, but did you know that you may be eligible to deduct some of these expenses on your tax return? Understanding which expenses are deductible and who qualifies for these deductions can help you maximize…
Learn about common mistakes to avoid when filing your tax return. Filing your tax return can be a daunting task, but avoiding common errors can help you minimize stress and ensure that your return is processed accurately and efficiently. Whether you’re filing as an individual or a business owner in Greensboro, NC, Raleigh, NC, or…
Tips and advice for small business owners looking to secure financing. Securing financing is a common challenge for many small businesses in Greensboro, NC, Raleigh, NC, and the surrounding areas. Whether you’re just starting out or looking to expand your existing business, having access to capital is essential for growth and success. Here are some…
How remote work can affect your taxes and what you need to know. In recent years, remote work has become increasingly common, with many individuals now working from home either part-time or full-time. While remote work offers flexibility and convenience, it can also have implications for your taxes. If you’re working remotely in Greensboro, NC,…
Learn the difference between taxable and nontaxable income and how it affects your tax return. Understanding the difference between taxable and nontaxable income is essential for individuals and businesses alike. Knowing what income is subject to taxation can help you avoid potential tax problems and ensure that you’re in compliance with the IRS. Here’s what…
Explore tax breaks available to taxpayers who itemize their deductions. For individuals who itemize their deductions, taking advantage of every available tax break is essential to minimize their tax liability. If you’re in Greensboro, NC, Raleigh, NC, or the surrounding areas and you itemize your deductions, here are some strategies to help you maximize your…
As we approach the end of the year, it’s essential for individuals in Greensboro, NC, Raleigh, NC, and the surrounding areas to review their finances and consider year-end tax planning strategies. Taking proactive steps now can help you minimize your tax liability and maximize your savings when it comes time to file your tax return.…
Points to understand if you lost your job and was working the gig economy, your taxes don’t go away, freelancers must read this………… You’re probably eager to put 2020 behind you, but unfortunately, at least one aspect of this tumultuous year is going to linger into the next one. Tax season 2021 is primed to…