Protect Yourself From IRS Tax Audits!
Knowledge is Power.
This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
This podcast explains when taxpayers must file forms with the IRS to report payment they make to others in the course of their business & rental activity. Starting in 2021, IRS Form 1099-NEC replaces Form 1099-MISC.
This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
After an all-night marathon session, the U.S. Senate passed its version of a $1.9 trillion COVID-19 relief bill on March 6th.
In this episode, we will discuss how Americans could benefit from the Senate bill.
This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
In this episode, we will discuss what’s in the House Democrats’ stimulus relief plan.
This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
When you engage in a short-term rental activity, you'll have to file IRS Schedule E with your tax return to report your rental income and expenses to the IRS. This podcast shows how to fill out this tax form.
This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
Only thing better than working for yourself is knowing how to keep more of what you earn. If you are a new business owner trying to better understand IRS Schedule C, then this episode is for you. This episode explains how to fill out IRS Schedule C, the tax form business owners use to report their income and deductions to the IRS.
This is a 3-part series. Part 1 discusses Income; Part II discusses Expenses; Part III discusses Car and Truck Expenses, Depreciation, and wraps up the rest of Schedule C.
This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
Only thing better than working for yourself is knowing how to keep more of what you earn. If you are a new business owner trying to better understand IRS Schedule C, then this episode is for you. This episode explains how to fill out IRS Schedule C, the tax form business owners use to report their income and deductions to the IRS.
This is a 3-part series. Part 1 discusses Income; Part II discusses Expenses; Part III discusses Car and Truck Expenses, Depreciation, and wraps up the rest of Schedule C.
This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
Only thing better than working for yourself is knowing how to keep more of what you earn. If you are a new business owner trying to better understand IRS Schedule C, then this episode is for you. This episode explains how to fill out IRS Schedule C, the tax form business owners use to report their income and deductions to the IRS.
This is a 3-part series. Part 1 discusses Income; Part II discusses Expenses; Part III discusses Car and Truck Expenses, Depreciation, and wraps up the rest of Schedule C.
This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
What are the tax consequences of Hobby Income -vs- Business Income -vs- Income Producing Activity?
This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
In today's episode, we will be discussing AMT for individuals and some tax planning ideas to beat the AMT and keep more tax dollars in your pocket.
This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
In today's podcast, we will be discussing tax consequences of employing your family or yourself.
This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
Today, we will discuss what and how much travel expenses you can deduct to minimize tax liability.
This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
Wouldn't it be great to have the IRS pay part of the cost of your meals?
Find out how in today's podcast.
This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app
Tax credits are powerful tax savings, and the 8 tax credits that we will discuss are:
Earned Income Credit
Child and Dependent Care Credit
American Opportunity Tax Credit
Lifetime Learning Credit
Child Tax Credit
Saver's Credit
Small Business Health Care Tax Credit
Excess Social Security Tax
This episode is sponsored by · Anchor: The easiest way to make a podcast. https://anchor.fm/app