What is Self Employment Tax?
Wondering what is self employment tax? Check out this article and we’ll explain what it is, how to pay it,...
Tagged: Self Employed
What is an IRS Schedule C Form (and What You Need to Know About It)
If you’re self employed or a single member LLC than you likely need an IRS Schedule C Form. Read more...
Temporary Work Locations & Commuting Expenses Tax Deductions
“I’m an independent contractor and I use my personal car to travel to different work locations. At the end of...
What are the IRS Standard Mileage Rate Tax Deductions
A chart of the IRS standard mileage rate tax deduction amounts for 2009-2020 and how to use them as a...
What Qualifies as Tax Deductible Business Transportation Expenses
Whether the taxpayer’s transportation is by train, taxi, bus, air, rail, or their personal car, this post clarifies what is...
IRS Business Travel Definition for “Away From Home”
The IRS definition of business travel and what qualifies as IRS business travel based on the IRS business travel definition....
IRS Rules for Recording Business Expenses: Travel, Transportation, Meals and Entertainment
A clear guide about IRS rules for recording business expenses whether you have your own business, you’re an employee, or...
How To Maximize Business Use Car Tax Deductions (Standard Mileage Rate vs Actual Car Expense Methods)
Whether car use is only for work or work and personal reasons, many taxpayers wonder how they can maximize end-of-year...
