by PSA CPA | Aug 1, 2024 |
You may be able to deduct home office expenses from your taxes if you are self-employed and operate from home, even if it’s just part-time. Unfortunately, the incredible home office tax deduction that you have been hearing so much about does not apply to...
by PSA CPA | Aug 1, 2024 |
Operating a business or side hustle can be demanding! The tax jargon for self-employed and small business owners can be a little overwhelming, so let’s take a moment to review with this useful glossary of terms related to business finance and taxes that you...
by PSA CPA | Aug 1, 2024 |
Are you a sole proprietor and curious about the taxes your company pays? We have everything covered. We’ll dissect the most important insights and filing factors for taxes on sole proprietorships in this article. Continue reading for helpful hints and advice...
by PSA CPA | Jul 1, 2024 |
The way you manage your taxes and record-keeping can have a significant impact on your performance as a small business owner. Look out for these typical tax errors that proprietors of small businesses make. Choosing the wrong form of business Everybody seems to have...
by PSA CPA | Jul 1, 2024 |
Every small business owner eventually becomes concerned about their company’s tax ramifications, as well as the need to manage accounting and other demands. Attempting to manage these responsibilities alone can result in a great deal of inefficiency and...
by PSA CPA | Jul 1, 2024 |
As a self-employed business consultant, you probably assume a variety of positions and titles. Your clients count on your industry knowledge to boost output and boost sales and profitability for their businesses. However, for tax deduction and reporting purposes, you...
It’s interesting to see how Social Security benefits are taxed differently depending on income and location. I didn’t realize only…