4 Easy Steps to Tracking Your Vehicle and Travel Costs
One of the hardest deductions to capture as a business owner is your vehicle and travel costs. These records are needed for tax purposes, but most business owners miss out on these key deductions because of the strict documentation requirements. Here are 4 easy steps to simplify your vehicle and travel costs: 1. Use an app! […]
I thought my LLC protected me against liabilities…
I’m sorry, but just because you have the letters “LLC” behind your business name, doesn’t mean you’re protected if someone sued your LLC or Corporation. A one page filing that you did online or had an accountant/attorney prepare does not protect you.Remember, the purpose of an LLC is to protect ‘YOU’ if something goes wrong […]
Uber and Lyft Driver’s Guide
Many of us have now become our own bosses! We have had multiple clients leave their full-time jobs to pursue a more fufilling career with Uber and/or Lyft. It’s incredible to see a client who used to stress about going to work everyday and dread the long hours, be able to control his/her own fate, […]
Tax Tips for Freelancers and Contract Employees
Have you found a job you love but when tax season comes around you feel completely thrown off by the fact that you owe money or have lost your refund? The benefits of freelancing or being an independent contractor are the write-offs. A ‘write-off’ is a legitimate expense that can be deducted from your taxable […]